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Periscope backs Amusement Connect to scale niche payments

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Kansas City‑based Amusement Connect has secured backing from private‑equity firm Periscope Equity, marking the latest infusion into niche payment technology for the leisure sector. Founder John Tarpley will assume the chief executive role, while Frank Licausi steps in as chief customer and brand officer, joining longtime president Tom Jayroe. The capital will boost cloud infrastructure and sales teams.

The company serves more than 800 customers across 3,000 locations, including family entertainment centers, arcades, bowling alleys, skating rinks, bar‑cades and restaurants. Founded in 2017, Amusement Connect provides a unified point‑of‑sale and cashless payment platform that streamlines transactions and loyalty programs. A broader rollout may unlock international markets eager for cashless solutions.

By aligning with seasoned executives and fresh capital, Amusement Connect positions itself to capture growing consumer demand for contactless payment experiences in recreation venues. Investors will watch whether the firm can leverage its existing client base to secure larger contracts. Success would validate the niche fintech model and could inspire bets across specialty retail.