Matrix Partners led a $21m funding round in Concerto.

Matrix Partners, a venture capital firm, led a $21m funding round in Concerto, a credit card company, with participation from PayPal Ventures and GoldenTree Asset Management. “Our initial baseball team partners are establishing the foundation for future programs. The baseball team programs have allowed us to develop and deploy forward-thinking application experiences. For example, fans in the ballpark can go from seeing a QR code on the jumbotron to a card in their digital wallet to use at the concession stand in a matter of seconds. There has been tremendous interest in what we are doing so far, and we want to fully capitalize. Our funding allows us to ramp accordingly,” Dan Duncan, Concerto Co-Founder