Payments giant Visa is doubling down on one of Cincinnati’s most notable startups.
Audio startup Lisnr, whose technology allows for mobile payments using sound, announced this week Visa has once again invested an undisclosed sum in the Over-the-Rhine startup.
The new investment comes roughly one year after Visa first invested in Lisnr’s Series C round. But the companies’ relationship dates back even further to 2015, when Lisnr won Visa’s Everywhere Initiative to find the future of mobile payments.
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Story excerpt provided by Cincy Inno.
Written by Meg Garner.
Originally published November 12, 2020.