French startup Wynd swipes €30m for POS solution

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fintech insurtech wealthtech regtech ai cybertech esg news

French point-of-sale (POS) startup Wynd has picked up €30m in a Series B round of funding.

The capital comes from Sodexo Ventures, Orange Digital Ventures and Bpifrance.

The software-as-a-service company aims to unify and manage sales channels across online and physical retail locations and multiple sites.

Wynd targets major restaurant and shop chains with white-labelled versions of its POS software and counts the likes of Carrefour and Sodexo among its clients.

Its modular solution is designed to allow users to access a simplistic version of the product or add more complex tools.

The Paris-based firm says it will use the funding to expand operations internationally by opening new offices and hiring staff.

First stops on its road map are the UK and Dubai where it already has customers.

Wynd previously raised a $7.8m Series A round from Orange Digital Ventures and Alven Capital.

Copyright © 2016 FINTECH GLOBAL

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