Point of sale (POS) solution orderbird secures €20 million to fuel international expansion
Summary
orderbird, the leading iPad point of sale (POS) solution in the German speaking markets, closes a series-C financing round totalling more than €20 million. Concardis, a leading payment-provider in Europe who already invested in the company, takes part in this financing round via a secondary listing. Olaf Koch, CEO of METRO AG stated: “This investment in orderbird is an important step to help our customers take further advantage of digital solutions. The connection of payment, customer communication with additional value, smart interactions and elaborate data analysis is what’s expected today.” Since 2011, orderbird has provided the hospitality industry with digital POS systems with rich feature sets; such as, mobile ordering, real-time data analysis, cashless payment acceptance and accounting ready reporting. “We especially thrive to offer small and independent restaurant owners and caterers new horizons – digital solutions are the perfect option.