Revolut is moving into a physical point-of-sale business with the acquisition of London-based Nobly POS, a technology provider for the hospitality industry.
Founded in 2013, Nobly’s ePOS system allows hospitality companies to manage their operations using back office apps, ordering and inventory management systems, kitchen displays, loyalty, and online ordering apps. Nobly currently serves merchants in the United Kingdom, the United States and Australia.
Nobly’s products are now integrated with Revolut’s payment hardware and online and offline payment processing capabilities. Once completed, Revolut Business hospitality customers will be able to open digital accounts, use FX, issue cards, manage and sell products, and accept payments online and offline from one integrated platform. Will be.
Revolut says it plans to launch products across its international footprint and expand its capabilities to serve a broader retail customer base.
Nik Storonsky, CEO of Revolut, said: .. “
The financial terms of the transaction have not been disclosed.
Revolut Acquires Hospitality POS Costume to Nobly
Source link Revolut Acquires Hospitality POS Costume to Nobly