P97

P97 Networks Receives $40M Growth Capital Investment from Portage

Retrieved on: 
Thursday, March 30, 2023

HOUSTON, March 30, 2023 /PRNewswire/ -- P97 Networks, the leading mobile commerce and digital marketing platform provider to the convenience retail, auto industry and fuel market, today announced that it has raised $40M in equity financing led by Portage, a global investment platform focused on the fintech and financial services sectors, with participation from existing investors. The capital, which will come from the recently launched Portage Capital Solutions strategy, will fuel strategic growth initiatives at P97 that will further establish the company as the leader in payment and loyalty solutions for mobility-focused retailers.

Key Points: 
  • The capital, which will come from the recently launched Portage Capital Solutions strategy, will fuel strategic growth initiatives at P97 that will further establish the company as the leader in payment and loyalty solutions for mobility-focused retailers.
  • The P97 mobile commerce platform is a cloud-based technology solution that enables retail brands in the convenience mobility and fuel industries to securely connect with their customers through mobile devices.
  • "P97 has quickly established itself as a dominant mobile commerce solution for the North American retail convenience and fuel market.
  • "We are thrilled to partner with P97 on our first Portage Capital Solutions investment and look forward to helping Don and the team drive their long-term vision," added Adam Felesky, CEO of Portage.

ADS-TEC Energy, P97 Networks and EvGateway Announce Turnkey, Ultra-Fast EV Charging Solution for Convenience and Fuel Retailers

Retrieved on: 
Friday, September 30, 2022

The solution integrates ADS-TEC Energys battery-buffered ChargeBox, which enables ultra-fast EV charging on existing power-limited grids, with P97 Networks connected commerce, payments, and behavioral marketing platform and EvGateways cloud-based EV infrastructure and network.

Key Points: 
  • The solution integrates ADS-TEC Energys battery-buffered ChargeBox, which enables ultra-fast EV charging on existing power-limited grids, with P97 Networks connected commerce, payments, and behavioral marketing platform and EvGateways cloud-based EV infrastructure and network.
  • For fleets, this ADS-TEC Energy, P97 and EvGateway turnkey solution may also include roaming and subscription capabilities with ultra-fast charging capabilities in power-limited areas.
  • With ADS-TEC Energy and EvGateway, our retail customers can add revenue-generating ultra-fast EV charging to their businesses, while conducting business as usual, with all the benefits of the P97 platform theyre used to, said P97 Networks CEO, Donald Frieden.
  • The EvGateway network makes it simple for users to operate and customize EV Charging to meet their specific requirements.

Mobivity and P97 Networks Partner to Offer Gaming and Brand Rewards at More Than 65,000 Fuel Stations Across the Globe

Retrieved on: 
Thursday, September 29, 2022

Mobivity is integrating its cloud-based Connected Rewards into P97s vast mobile commerce platform delivering instant, real-world rewards to gamers and brands.

Key Points: 
  • Mobivity is integrating its cloud-based Connected Rewards into P97s vast mobile commerce platform delivering instant, real-world rewards to gamers and brands.
  • Two pilot programs are commencing as a regional c-store and a national fuel brand seek to leverage fuel and product incentives to reward mobile game players in-store and at the pump.
  • Mobile game and app publishers struggle to economically acquire and retain users while consumers are increasingly seeking relief at the pump.
  • For more information, visit www.p97.com
    Meggan Manson Mobivity PR, Young & Associates
    Lisa Brennan Chief Financial Officer, Mobivity
    Brett Maas Managing Partner, Hayden IR

P97 Networks Designs B2B Mobile App “Shell Card Go” for Viva Energy Australia

Retrieved on: 
Wednesday, April 27, 2022

P97, the leading mobile commerce platform provider for fuel and convenience retail and automotive industries globally has partnered with Viva Energy Australia, a leading energy company in Australia to launch a custom mobile app, Shell Card Go, for fleet managers and drivers.

Key Points: 
  • P97, the leading mobile commerce platform provider for fuel and convenience retail and automotive industries globally has partnered with Viva Energy Australia, a leading energy company in Australia to launch a custom mobile app, Shell Card Go, for fleet managers and drivers.
  • P97 has also integrated into Viva Energys Card Management Platform and Fiserv, the payments authorisation host for the Shell Fleet Card.
  • Viva Energy selected P97 to design the Shell Card Go app which provides fleet managers and drivers with contactless mobile payments.
  • As a leading Australian energy company, Viva Energy aims to provide fleet managers and drivers easy access to fuel stations and contactless payments, says Ash Harris, Head of Shell Card at Viva Energy.

P97 Secures $40 Million of Venture Debt Financing from an Affiliate of Peak Rock Capital

Retrieved on: 
Thursday, January 6, 2022

P97 Networks, the leading mobile commerce platform provider to the convenience retail, fuels marketing, and automotive industries, today announced that it has secured $40 million of venture debt financing from an affiliate of Peak Rock Capital, a leading middle-market private investment firm.

Key Points: 
  • P97 Networks, the leading mobile commerce platform provider to the convenience retail, fuels marketing, and automotive industries, today announced that it has secured $40 million of venture debt financing from an affiliate of Peak Rock Capital, a leading middle-market private investment firm.
  • Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe.
  • Peak Rocks credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses.
  • Peak Rocks real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies.

P97 Secures $40 Million of Venture Debt Financing from an Affiliate of Peak Rock Capital

Retrieved on: 
Thursday, January 6, 2022

HOUSTON, Jan. 06, 2022 (GLOBE NEWSWIRE) -- P97 Networks, the leading mobile commerce platform provider to the convenience retail, fuels marketing, and automotive industries, today announced that it has secured $40 million of venture debt financing from an affiliate of Peak Rock Capital, a leading middle-market private investment firm.

Key Points: 
  • HOUSTON, Jan. 06, 2022 (GLOBE NEWSWIRE) -- P97 Networks, the leading mobile commerce platform provider to the convenience retail, fuels marketing, and automotive industries, today announced that it has secured $40 million of venture debt financing from an affiliate of Peak Rock Capital, a leading middle-market private investment firm.
  • Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe.
  • Peak Rocks credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses.
  • For further information about Peak Rock Capital, please visit www.peakrockcapital.com .

Chevron Selects P97 Networks to Enhance Mobile App, Consumer Experience at Retail Stations

Retrieved on: 
Monday, September 20, 2021

The new collaboration taps P97 Networks leadership in mobile commerce, cutting-edge technology solutions and demonstrated history of innovation to continue enhancing the customer experience at more than 7,800 Chevron and Texaco retail stations across the United States.

Key Points: 
  • The new collaboration taps P97 Networks leadership in mobile commerce, cutting-edge technology solutions and demonstrated history of innovation to continue enhancing the customer experience at more than 7,800 Chevron and Texaco retail stations across the United States.
  • Our collaboration with P97 strengthens that commitment delivering a premium consumer experience at Chevron and Texaco locations by enabling our offerings with consistency, speed, consumer value, and security.
  • At P97, weve been developing secure cloud-based mobile commerce and digital marketing solutions for the convenience retail and fuels marketing industries for years, said Don Frieden, P97 Networks founder and CEO.
  • P97 Networks provides a secure, mobile commerce and behavioral marketing platform that transforms mobile commerce for the convenience retail, fuel, and vehicle manufacturing industries.

Unioil Selects P97 Networks to Enhance Digital Experience with Mobile Payments, Rewards and Find Station Functionality

Retrieved on: 
Tuesday, August 17, 2021

Unioil offers a complete line of Euro-5 standard fuels—from gasoline variants to its diesel--all of which significantly decrease emissions up to 77 percent. This makes Unioil’s specially formulated fuels the country’s cleanest range since 2017. Filipino drivers will soon have a safe, contactless and rewarding fuelling experience by 2021 with Unioil Mobile App.

Key Points: 
  • Adding the P97 Digital Commerce Platform will truly enhance our consumer offering and provide more value for our customers.
  • Filipino drivers will soon have a safe, contactless and rewarding fuelling experience by 2021 with Unioil Mobile App.
  • The new Unioil mobile app on the P97 Digital Commerce Platform will help continue to provide better digital experiences for Unioils customers.
  • P97 is proud to enable an enhanced mobile app experience at all Unioil locations, to purchase fuel products and earn rewards - all with the Unioil mobile app.

PDI Partners with P97 to Integrate Loyalty and Mobile Payments

Retrieved on: 
Tuesday, March 3, 2020

The PDI Marketing Cloud Platform will integrate P97s PetroZone mobile commerce platform to make it easy for convenience retailers to create a frictionless customer experience.

Key Points: 
  • The PDI Marketing Cloud Platform will integrate P97s PetroZone mobile commerce platform to make it easy for convenience retailers to create a frictionless customer experience.
  • Together PDI and P97 are making it simple for convenience retailers and petroleum wholesalers to launch loyalty and mobile payments.
  • Along with integrating the mobile payment technology into the PDI Marketing Cloud Platform, PDI will be a reseller for P97s mobile commerce platform.
  • The combined solution brings simplicity and enables secure mobile payments, targeted offers and personalized promotions at the pump and in the store.

P97 & WannLynx Partnership Provides Seamless Customer Experience at the C-Store

Retrieved on: 
Tuesday, September 24, 2019

WannLynx is providing the ability to control terminals at the pump and in-store to manage content and deliver targeted, interactive messages.

Key Points: 
  • WannLynx is providing the ability to control terminals at the pump and in-store to manage content and deliver targeted, interactive messages.
  • The partnership will enhance the reach of P97s mobile app services by using WannLynxs control of the pump screen.
  • Together with P97, we are adding value to their fueling experience by integrating mobile apps and in-store shopping for a seamless customer experience.
  • The value created by the solution of the P97 & WannLynx partnership provides discounts, coupons and convenience to their customers, while strengthening their loyalty.