Australia-based retail technology startup TAGR has raised $1.15 million.
Its scan and pay platform enables retailers to offer mobile checkout to their customers within a 48 hour period, with integration to their PoS system.
TAGR says that the seed round involved a number of investors, retail brands and high net worth individuals.
The capital injection will be used to build globally supported infrastructure and penetrate the US and North America markets come August/September.
Since its launch in early January, TAGR has bagged more than 10,000 users among a handful of stores.
Woolworths has launched a new app that promises groceries door to door within an hour for a $5 fee.
The app, Metro60, launched last week in 11 eastern Sydney, Australia suburbs. The retailer plans to roll it out in hundreds more neighbourhoods across NSW and other states in the coming months.
About 4,000 products from fresh produce to cleaning supplies will be available from Woolworths’ small format Metro stores via Uber couriers.
Puma has entered New Tokyo, the virtual city 10KTF calls home.
The shop is known for its streetwear offerings and is owned by Wagmi-san, a digital artisan whose collections and NFT community recently welcomed the sports brand.
News of the partnership was shared at an event hosted by 10KTF last week in New York.
This was one of many hosted during the week of NFT.NYC, a conference attended by crypto industry professionals, traders, and other Web3 enthusiasts.
The official announcement confirmed weeks of speculation after Puma tweeted a video previewing the new release of a classic sneaker. Camouflaged in the video is a frame with the shop’s logo and Wagmi-san at his storefront.