Phos, the U.K. fintech that offers a software-only PoS so that merchants can accept payments directly on their phones without the need for additional hardware, has raised €1.3 million in funding. The round was led by New Vision 3, an early-stage VC based in Bulgaria (where a part of the Phos team is based), with participation from a number of unnamed angel investors. It brings the total raised by Phos to date to €2.5 million, and will be used to grow the development team.
Phos, The Uk Fintech That Offers A Software-only Pos For Smartphones, Raises €1.3m
Steve O'Hear, TechCrunch
Wed, 04/08/2020 - 1:00am
Topics: u.k new vision vc bulgaria pin phone software development kit sdk founded nfc-equipped android millions ivo techcrunch clover we b2b psps/isos the adds konstantin petrov partner nv3 fund pos phos android gueorguiev pos nv3 fintech that offers a software-only merchants payments hardware additional accept sales expensive phones cost card team technology total raised ownership field market delivery small large marketing product based loyalty devices business direct data investment current traders high find cash bank
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