• Years: 2015
  • Sector: Mobile Payments
  • Goal: Pre-investment review of P97 Networks


  • Emerald is a globally recognized investment firm in the areas of energy, water, advanced materials and industrial IT. Founded in 2000, the company has raised three Venture Capital Funds, completed more than 50 venture investments, been a trusted partner for numerous multi-national corporations in their open innovation activities and managed three technology investment programs for third parties. From offices in Zurich, Switzerland and Toronto, Canada, Emerald has managed assets of over USD 660 million to date.
  • P97 Networks provides a complete multi-channel mobile commerce solution for retail gas stations in the U.S. With PetroZone, customers pay easily and securely in-store and at the pump via their phone, all with EMV and PCI compliance. Personalized offers and enhanced rewards drive customer loyalty and high-margin sales.

“Corniche was engaged based on their international payments expertise to provide an overall pre-investment review of P97 Networks and an assessment of the success factors for consumer adoption of the service, for our Investment Committee. Corniche were highly responsive and professional, resulting in a definitive decision to invest.”

Emerald Technology Ventures Partner Charles Vaslet

Emerald Press Release