Polish fintech startup iPOS raises €360k for its payment solution to replace cash registers for SMEs | EU-Startups

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“In Poland, fiscalization of sales is obligatory, and the device itself, although quite expensive, does not provide any added value to business. It can only print an illegible report on a narrow strip of thermal paper, which in the age of the Internet and smart phones is simply archaic. The main advantage of the product in this case is its ability to report results from a large number of stores in real time. For franchise and commercial chains, which often supply franchisees with commodities, information on stock levels and product demand is crucial. “We are pleased that our solution, which is iPOS cash terminal, has gained recognition in the eyes of the valued investors,” added Pawłowski.

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