StarTec, a payments firm from Hamburg, has been acquired by Heidelberg-based Heidelpay for an undisclosed amount. StarTec provides cashless point-of-sale (POS) solutions and will be integrated into the Heidelpay portfolio of online and offline payment services. The deal is the first step in Heidelpay’s ongoing consolidation strategy, said the company, which is backed by private […]
Point of sale companies like myPOS Europe Ltd. are making payments technology more accessible for small businesses
Germany’s Gastrofix, a cloud-based POS service for the hospitality sector, has announced an €8 million Series B round from brewery giant Radeberger Group. According to Gastrofix, it manages over €2 billion in turnover for its customers annually. It plans to use this new injection of money to expand in the German market as well as […]
French startup Wynd has raised a €30 million Series B round. Investors included Sodexo Ventures and Orange Digital Ventures and Bpifrance. Orange Digital Ventures had previously invested in the company’s Series A round along with Alven Capital.
SumUp, a British-German mobile point-of-sale startup, is today announcing its expansion to Scandinavia for the first time, launching in Sweden. That is notably where iZettle, arguably its main competitor in the space in Europe, was conceived. Stockholm-based iZettle recently raised a sizeable €60 million round to pursue further growth, while SumUp brought its total capital […]