Instacart, DoorDash plan to launch bank cards: WSJ By Reuters
© Reuters. A DoorDash supply particular person is pictured on the day they maintain their IPO
(Reuters) – U.S. grocery supply app Instacart Inc and meals supply agency DoorDash Inc are planning to launch their very own bank cards, the Wall Road Journal reported on Wednesday, citing folks acquainted with the matter.
JPMorgan Chase & Co (NYSE:) will situation Instacart’s card and can be bidding to accomplice with Doordash, which has acquired presents from greater than 10 giant banks, in accordance with the report https://on.wsj.com/3s4K40E.
Instacart and DoorDash didn’t instantly reply to requests for remark.
Supply corporations have witnessed booming demand as extra folks keep indoors and order in in the course of the COVID-19 pandemic.
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