GrubMarket Acquires IOT Pay to Enter Financial Services Sector for the American Food Supply Chain Industry

August 11, 2022 GrubMarket

GrubMarket announced it has completed the acquisition of Vancouver, Canada-based IOT Pay, a leading fintech company that provides omnichannel payment services that allow merchants to accept payments both in-store and online on a global scale. GrubMarket will leverage IOT Pay’s technology and payments infrastructure to address the food supply chain industry’s accelerating need for faster, more flexible, and more robust digital payment and financing opportunities.