News

SpotOn raises USD 50 million in series B funding

Thursday 12 March 2020 13:18 CET | News

SpotOn, a payments and software company, has announced USD 50 million in Series B funding.

SpotOn integrates payments capabilities with POS and software tools to create customised, end-to-end solutions for any type of business. These include marketing, website development, appointment scheduling, digital loyalty, review management, and both retail and restaurant POS solutions. The USD 50 million in funding will be used to continue SpotOn’s investment into product development, according to the official press release.

The round included 01 Advisors, an investment and advisory firm founded by Twitter’s former CEO Dick Costolo, former COO Adam Bain and former Corporate Development and Investor Relations executive David Rivinus, as well as returning investors Dragoneer Investment Group, Franklin Templeton and EPIQ Capital Group.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords:
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce






Industry Events