32 Hottest mPOS-Focused Companies

December 8, 2015     By : Sofia

AirPOS:

AirPOS is a cloud-based ePOS software platform that works with Windows, iOS and Android devices. AirPOS is valued at $1.54 million in 2015 with 0.611 million in funding. The company offers POS packages for retail, hospitality and mobile. AirPOS POS apps feature a wide range of integrated payment processing options from partners at iZettle, PayPal Here and Payleven.

mPOS

CardFlight

CardFlight provides tools and technology to help merchants accept in-person credit card payments on iOS and Android devices. It enables app developers to easily incorporate card-present payment acceptance into mobile apps. CardFlight’s open platform connects mobile app developers with payment processors. Company raised $5.8 million in total funding from Entrepreneurs Roundtable Accelerator, Plug & Play ventures, Apostolos Apostolakis, Payment ventures, FF venture capital, Great Oaks Venture Capital, Atlas Venture. Among the company’s clients are Indochino, Peloton Cycle, Phhhoto, LearnVest, Henry Vilas Zoo and others. CardFlight has partnerships with Stripe, First Data, Global Payments, Vantiv, Braintree, Worldpay, TSYS and others.

Daily Systems

Daily Systems provide an iAPS mobile POS solution (Apple Store) that offers scanning, printing, and card processing for iPhone and iPod Touch. Among the company’s clients are Nebraska Book Company, Alex and Ani and TSYS Acquiring Solutions.

eThor

eThor offers a POS integration platform that provides a two-way communication system between retail POS and user devices. eThor tackles the problem of POS integration head-on by creating a common data language that enables consumer applications to connect and speak with any integrated POS system. The company is valued at more than $11 million with over $3.5 million in funding. eThor has Andromeda POS as its partner.

Ezetap

Founded in 2011, Ezetap is a mobile payment solutions startup that is taking an initiative towards financial inclusion in India. Ezetap works with leading e-commerce companies, bill payments and collections firms, insurance, FMCG, restaurants and hospitality, retail and taxi services. Ezetap has deployed over 12,000 devices across South East Asia and Africa.

FAMOCO

The company has developed an Android-based NFC reader with a 3G module for the management of professional applications such as mPOS readers, ID readers, access control and attendance tracking. Founded in 2010 and with offices in Paris, Hong Kong and Beijing, FAMOCO is a software company which specializes in designing breakthrough NFC solutions. The company is valued at $29.38 million with $5.41 million in funding from Aurinvest, Bpifrance, Fast Forward, Hi Inov. Among its clients are notable companies like Orange, Google, Medisys Dialog, CEV, Airtel and PayinTech.

I Love Velvet

I Love Velvet is a provider of hardware and software for mPOS transactions and value-added retail services. I Love Velvet manufactures and sells merchant-operated, consumer-facing and self-service mPOS systems to the entertainment, retail, hospitality and automotive industries.

Instore

Instore is a San Francisco-based startup that sells an iPad point-of-sale solution for quick-service restaurants and other small businesses. Among the company’s investors are Detroit Venture Capital, Jay Markley, Joe Farris, John W Watkins, Marc Weiser and Matt Luckett. The solution allows to view real-time performance on any location with a single login as well as manages workforce distribution, tracks employees’ time and sales performance. Instore also enables businesses to share customer, gift and rewards data across locations to increase customer satisfaction and repeat visits.

Lavu Inc.

Lavu Inc. is the maker of Lavu iPad POS and business management software system for restaurants, bars, nightclubs and quick service restaurants. Lavu was designed specifically for restaurants and is customizable to meet the needs of the diverse variety of food & beverage shops and franchises. The company is valued at $100 million with $15 million in funding. Lavu’s POS system enables owners to effectively manage their restaurant with employee management features, customized reporting and live sales figures.

LifePay

LifePay is a mobile solution for the acceptance of credit card payments with secure transactions. The project is aimed primarily at small and medium-sized businesses. A special device and mobile application are installed on a smartphone or tablet so that businesses can accept payments with plastic cards without using a separate card reader. The company is valued at $48 million with $2.6 million in funding. Among LifePay’s clients are Tahykm, Metlife, Wow Kitchen, Polaroid, Spunky, Like and Mon Bon. Techcombank and BankNet are in partnership with LifePay.

Lightspeed

Lightspeed provides POS solutions for retailers and restaurateurs to manage their businesses. The company has deployed solutions at around 25,000 locations. Lightspeed does everything with processing payments, keeping track of inventory and serving customers. The company received $126 million in funding and has 250,000 users. Lightspeed has partnerships with Element Payment Services, Cayan, Axia, Moneris Solutions, Tyro Payments, Plastic Printers.com, Background Backup, webFones PBX, Perkville and Direct Mail Manager. Among its clients are Union Republic, LXR & Co, PRIMP, Will Leather, Dash, Kanoa, Harman, Miansai, Suite NY and Maclaren.

MicroBiz

MicroBiz develops and sells cloud-based retail POS software. MicroBiz currently markets MicroBiz Cloud, a multi-store, multi-channel POS system for small and mid-sized retailers using the Magento e-commerce platform and MicroBiz for Windows, a Windows-based point-of-sale software solution. MicroBiz software has been purchased by over 25,000 small and mid-sized retailers worldwide.

Mswipe

Mswipe’s mobile swiper is a solution which enables feature phones to be used as a mobile POS. The company is valued at $312.5 million with $25 million in funding from Matrix Partners India, Axis Bank, DSG Consumer Partners, Meru Capital, Ola Cabs, Falcon Edge Capital, Matrix Partners.

Orderbird

Orderbird is a provider of iPad POS systems that facilitate reporting functions. The iPad POS system Orderbird POS is for bars, restaurants and clubs. The cash register system can be individualized according to the user’s needs. The company is valued at $66.67 million. Among its partners are Payworks, Airfy, SimpleOrder, Concardis and PayPal.

Parametric

Parametric is a mobile software company that builds industry-leading POS and guest interactive technology platforms. Their customers are world-class pro-sports and music venues. Parametric’s products and services are tablet and cloud-based, making them flexible in deployment and applicable to almost any operational model. The company is valued at $1.13 million with $0.39 million in funding.

PayAnywhere

PayAnywhere is a mobile app offering a credit card payment system on iPhone, Android and iPad. The PayAnywhere service is a mobile payments solution for merchants of all sizes, consisting of a free mobile app, a free mobile credit card reader and an online merchant portal.

PayDesk

PayDesk is a POS platform, mobile cash register solution that supports current and upcoming payment options. They work with businesses across the Nordic region, giving them access to cutting-edge POS solutions that increase sales and boost customer satisfaction.

paymoko

paymoko upgrades the local merchant’s POS into multiple payment gateways where customers can securely pay from their smartphones with their choice of payment method. Customers can scan, choose and pay. paymoko informs the merchant with a payment confirmation print at the POS printer on confirmation from the payment processor. For customers: no more embarrassment from publicly declined cards ever. For merchants: less handling, more productivity and efficiency.

Paynear

Paynear is a complete payment solution provider that enabling individuals & businesses of all sizes to easily manage their card payment activities. Designed for today’s business owners, Paynear mPay allows to securely accept MasterCard, Visa, American Express, RuPay and Maestro cards anywhere, anytime. Easy to use, robust and safe; it has a wide range of features, enabling owners to run businesses from the store or even when on the move.

PayTango

PayTango provides biometric identification for payments and access control applications. The PayTango terminal transmits fingerprints as card data that existing systems already understand. Registration takes mere seconds—place two fingers on the fingerprint reader, swipe your card and enter a phone number. To pull up your account and complete a transaction, just place two fingers on the reader. The company is valued at $4.67 million with $0.7 million in funding from Andreessen Horowitz, Y Combinator and Start Fund.

Pivotal Payments

Pivotal Payments is a leading provider of technology-driven global payment processing solutions for small to large enterprises in the POS, B2B and e-commerce industries. The company’s proprietary solutions include card-not-present, integrated POS and mobile payments that offer businesses efficiency and profitability across all sales channels and platforms. The company is valued at $12 billion and has AmeriMerchant, Apriva, CyberSource, Discover, First Data, Paymentech, FinanceIt, TSYS and Discover among its partners.

Revel Systems

Revel Systems provides an iPad point-of-sale solution for restaurant and retail establishments. The company is valued at $500 million with $129 million in funding from Welsh, Carson, Anderson & Stowe, Invest Northern Ireland, Sean Tomlinson, DCM, DreamFunded, Rothenberg Ventures, Tim Tighe and ROTH Capital Partners. The company recently added Stanford University and Cinnabon to its endless list of clients. Revel Systems software offers a feature-rich point-of-sale solution with integrated payroll, inventory tracking, customer relationship management and more. With the introduction of the Revel Marketplace, Revel’s point-of-sale System made for iPad, users can now integrate directly into third-party enhancements, including mobile payments, online ordering, gift or reward cards and advanced financial software suites.

SalesVu

SalesVu’s iPhone/iPad application allows mobile workers to process cash, check & credit card transactions and automatically emails receipts to customers. SalesVu provides a free card reader and offers the lowest credit card processing rates. SalesVu’s free mobile POS system can help streamline the everyday operations of a retail small business. It allows running stores, managing promotions and quickly setting up products by size, color, and other options. The company is valued at $4.5 million with 10,000 users in 2014. Among its partners are Zapper, Star Micronics, Mercury Payments and Century Payments.

SetPay

SetPay offers, to individuals and businesses, high mobility solutions to conducting face charges. Our mobile POS allows you to accept credit card payments through mobile phones, anywhere and at lower cost than conventional means. The company has partnerships with CHARGE Anywhere and Payworks.

ShopKeep

ShopKeep is a cloud-based iPad point-of-sale system for restaurants and retail stores. ShopKeep POS replaces traditional point-of-sale terminals with technology that stores all data in the cloud. The company is valued at $750 million with 10,000 users and $97.2 million in funding from Activant Capital, Tom Glocer, Contour Venture Partners, Tribeca Venture Partners, Matt Coffin, Canaan Partners, TTV Capital and Thayer Street Partners. Level Up, Blue Star, Griffin and PayPal are among its partners.

Soft Space

Soft Space is an mPOS provider in the South East Asia region that is present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, Philippines, Australia and New Zealand. The company is valued at $33 million and has processed $1 billion in transactional value in 2014. Cabify, Oxfam, Paddle, Rocket Lawyer, SeatGeek, Tango, Ticketfly and Zomato are Soft Space’s clients. EMVCo Associates, Safenet, Samsung and DiGi are in partnership with Soft Space.

SumUp

SumUp is the leading mPOS company in Europe. The SumUp card terminal in combination with app allows small merchants to accept credit and debit cards using their smartphones or tablets, in a simple, secure and cost-effective way. SumUp’s mobile card acceptance solution is built on proprietary end-to-end EMV payment technology, terminal hardware and mobile applications. The company is valued at $300 million with $44.3 million in funding from BBVA Ventures, Groupon, Klaus Hommels, Life.SREDA, Shortcut Ventures GmbH, TA Ventures, Tengelmann Ventures, Venture Incubator, LLC, b-to-v Partners AG and American Express. Bitpay and mytaxi are SumUp’s clients.

Tappr

Tappr offers mobile payment solutions that turn mobile devices into POS terminals or digital wallets. The company is developing a mobile credit card acceptance device and app called Juvo. Juvo attaches to a smartphone or tablet to enable merchants to accept payments from credit and debit cards as well as Tappr’s own wallet application. It has been developed to comply with EMV and PCI standards. The company is valued at $15.5 million with $2.4 million in funding (Black Sheep Capital’s investment in the company). Mint Payments is in a partnership with Tappr’s.

TouchBistro

TouchBistro is an iPad-based restaurant POS system enabling owners to manage reservations and take orders instantly. Instead of servers repeatedly moving between customers and terminals for order management, servers can remain with customers and instantly submit orders to the kitchen and bar. The company is valued at $40 million and has processed $1 billion in transactions value. TouchBistro accumulated $11.5 million in funding from Difference Capital, Relay Ventures, Kensington Capital and Walden Venture Capital. Mercury, Cyan, PayPal, Moneris Solution, Premier Payments, SmoothPay, Bluestar, Star Micronics and Apple Inc. have partnerships with TouchBistro.

Wallmob

Wallmob is a Danish-based company offering POS systems for enterprises. Wallmob’s POS is built on a platform that has been developed to meet business demands to optimize sales and earnings, and at the same time improve the shopping experience as well as customer loyalty. The Wallmob POS integrates with multiple payment methods such as mobile payments, numerous wallets, apps and e-commerce. The company is valued at $8 million with $1.2 million in funding. Teller, PayEx, e-Conomic and Atega are among its partners.

Yoco

Yoco provides merchants with an mPOS application and card acceptance solution. The Yoco solution includes the mobile app and either a plug-in card reader or a wireless card reader. The company is valued at $11 million with $1.65 million in funding. Yoco has partnerships with Feedzai, Payworks and Miura Systems.

Zoop

Zoop offers a mobile payment platform that enables individuals and businesses to process electronic payments remotely from any location. It enables online and offline marketplaces to easily incorporate card-present (face-to-face) and card-not-present (e/m-commerce) payment acceptance in a flexible way into both Web and mobile platforms. The company is valued at $5 million and has Qualcomm Ventures, IBM, Visa, MasterCard and Global Payments among its partners. Qualcomm Ventures, Riverwood Capital, Marcelo Astrachan and Alessandro Raposo have invested in Zoop.

*Valuation figures are not confirmed by the respective companies. They are based on publicly available sources and proprietary LTP estimates.

 

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Sofia

Sofia is a contributing writer for LTP based in New York. She is a market research professional skilled in data analysis and visualization. Sofia has an extensive experience in consumer behavior studies and marketing analytics. She is passionate about disruptive startups with innovative business models that are having a powerful impact on the industries.

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