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Thursday, March 23, 2023
Home Challanger banks Revolut announced the acquisition of the ePOS Nobly POS system

Revolut announced the acquisition of the ePOS Nobly POS system

Revolut has bought an ePOS system, which will be used in bars, restaurants and other segments of the hospitality industry.

Read also: Revolut has contracted Cube to track RegTech changes

Founded in 2013, Nobly has developed a complete ePOS system for restaurant and hospitality business administrators.

With their product they can manage their back-office applications, ordering systems, invoices and inventory as efficiently as possible, adding tracking capabilities in order. kitchen, loyalty programs and online order management (click & collect) in the application.

Nobly is used by many businesses such as restaurants, bars, cafes, but also other merchants in the hospitality industry in the UK, USA, Australia.

In the future, Revolut intends to launch integrated solutions in other markets and diversify its capabilities to provide services to a wide range of traders.

Nik Storonsky, CEO of Revolut said: “The Nobly team has built a great product and expertise which will further advance our mission to offer a one-stop shop solution to enable merchants of every kind to manage their finances and run their businesses from a single platform.”

”Nobly ePOS will enrich our current range of services through Revolut Business and make life easier for the hospitality and restaurant business. We are looking forward to working with this team to develop even more functionalities for this business segment that we intend to grow.”

George Urdea, CEO of Nobly POS and one of the co-founders of the solution, originally from Romania, commented: “We built Nobly in order to help small retailers serve their own customers as well as possible. By joining forces with Revolut, we have created the possibility to take the consumer-trader experience to the next level, integrating the wealth of data from the points of sale with the financial functionalities of the Revolut super-application ”.

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

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