ready2order: Viennese Fintech Startup Picks Up €5M Investment
Summary
ready2order’s CEO Markus Bernhart has exclusively told Trending Topics that the Viennese startup has received a whopping five million euros in a new round of financing. “A new law that has entered into force this January in Germany requires all cash registers on the market to support a tamper-proof security device,” says the startup. “For more than one million small and medium-sized companies in Germany, this creates a huge technological backlog demand.” ready2order has a solution that can be rolled out quickly. By “connecting trusted third-party developers and applications” the startup aims to create a “central platform for all the financial needs of SMEs.” Currently, ready2order is available in Germany, Austria and the German-speaking part of Switzerland. However, unlike in Austria and Germany, the expansion into other European markets is not dependent on new laws, as SMEs throughout Europe have a strong need for digitization.