On 3 September 2020, Coca-Cola Amatil X invested in digital asset and payment platform Centrapay, during the New Zealand startup’s seed funding round.
Established in 2018, Amatil X was created for the major bottling firm Coca-Cola Amatil to collaborate and invest in technology startups. It aims to find new solutions and business models to work with in the future potentially. Coca-Cola owns a 30% stake in the bottling company.
Head of Amatil X, Alix Rimington, revealed they’ve already been working with Centrapay, allowing customers to pay for their products using digital assets or cryptocurrencies via the Sylo Smart Wallet. In this project, customers could use the Wallet at any of Amatil’s vending machines ‘with a QR code payment sticker.’
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
