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Timeline
October 15, 2020
Fivestars raises a $52,500,000 series D round.
August 2012
Fivestars raises a $13,900,000 series A round from DCM and Lightspeed Venture Partners.
Funding Rounds
Patents
Further Resources
Title
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News
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Description
July 14, 2021
WebWire
Fivestars, an integrated payment processing and marketing platform powering the largest local commerce network in the U.S., today announced its latest third-generation hardware rollout. Fivestars developed its custom-built point-of-sale (POS) system to improve the way small business merchants collect payments and conduct transactions while leveraging cutting-edge technology to support its network of over 65+ million shoppers and 14,000+ businesses. With a post-pandemic wave of small busi...
April 15, 2021
WebWire
According to Fivestars, an integrated payment processing and marketing platform powering the largest local commerce network in the U.S., local merchants turned to a diverse array of outlets to mentally and financially cope with the burden of the pandemic. A survey of roughly 600 small business owners showed two popular sources of additional income: day trading in the stock market and the website OnlyFans. While business owners had to get creative to survive 2020, data from the Fivestars...
March 18, 2021
WebWire
SAN FRANCISCO (March 18, 2021) -- Fivestars, an integrated payment processing and marketing platform powering the largest local commerce network in the U.S., today announced its adoption of PAX Technology, Inc's A920 terminals. This third-party card payment terminal will now enable the company to leverage proven hardware technology for more than 14,000 merchants across the U.S., reaching more than 65 million consumers. By leveraging the mobile payment terminal of PAX Technology, the...
December 4, 2020
WebWire
According to Fivestars, a payments, loyalty and marketing automation platform, small business spending took a hit this holiday weekend despite an increased focus to shop local this Small Business Saturday weekend. Fivestars' study examines this year's Black Friday and Small Business Saturday sales compared to last year as COVID-19 related challenges continue to impact local commerce. Overall, Fivestars' analysis found that Black Friday sales nationwide were down 19% compared to last yea...
AlleyWatch
October 17, 2020
AlleyWatch
The Pulse of New York Tech
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