Point of Sale

Point-of-sale payment platform Loanpal has bagged more than $800m in a funding round led by NEA and WestCap Group.

Restaurant management platform Toast has raised $115m in its Series D funding round, valuing the company at $1.4bn.

Payments giant Stripe has closed a $600m extension to its Series G round, which was raised at a valuation of $35bn.

IBM is reportedly planning a re-entry into the point-of-sale (POS) space. According to Bloomberg the firm is in discussions to acquire iPad-based POS company Revel Systems.

Turkish e-commerce platform Trendyol has become Turkey’s first Decacorn company after recent funding of $1.5bn lifted its valuation to $16.5bn.

Manchester-based GoodBox, which provides charities with contactless payment tools, closed a £9m funding round from existing backers including tennis champion Andy Murray.

Jakarta-based point-of-sale (POS) startup MOKA has raised $2m in a new round of funding led by Mandiri Capital.

DailyPay, the trailblazer in the on-demand pay sector, has secured a staggering $175m. This financial infusion is a blend of a $75m equity round and a $100m increase in an existing secured credit facility, with the additional financing generously provided by banking giant Citi.

Payment solution platform APEXX has closed a $4m funding round to help extend its network.

NCR Corporation has agreed to acquire end-to-end payment processing and human capital management company JetPay.