Alphabet subsidiary Google Ventures has made its second investment in Poynt, which is preparing to commercially launch its smart payment terminal.
Poynt, the US-based developer of a smart terminal for retail stores, has raised $28m in a series B round backed by internet and technology company Alphabet.
The round was led by venture capital fund Oak HC/FT, and also featured Stanford-StartX Fund, as well as Alphabet subsidiary Google Ventures and fellow series A investors Matrix Partners, Webb Investment Network and Nyca Partners.
Poynt has built a smart payment terminal equipped with features like a touchscreen, hybrid card reader, barcode scanner and…
