
Nobly ePOS
EPOS system for hospitality business operations management.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
EUR | 2020 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
% profit margin | - | - | (16 %) |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Nobly ePOS provides an electronic point-of-sale (ePOS) system designed for the hospitality industry, targeting clients such as cafes, restaurants, bars, and food trucks. Founded in 2013 by Sebastiaan Bruinsma, Royce Fullerton, and George Urdea, the London-based company was established to offer an easy-to-use, iPad-based POS system that allows merchants to set up quickly. The founders bootstrapped the company initially, acquiring 20-30 paying customers before securing a round of angel investment.
The platform serves as an operating system for hospitality businesses, providing a suite of products to manage operations. Key features include inventory and staff management, customer loyalty programs, kitchen displays, online ordering, and detailed business analytics. The system integrates with payment providers like Visa and Mastercard, accounting software such as Quickbooks and Xero, and other third-party applications. Nobly's business model is based on providing its software and hardware bundles to small-to-medium-sized businesses, aiming to be an affordable and simple solution.
In November 2021, Nobly was acquired by Revolut, marking Revolut's first-ever acquisition. The deal aimed to integrate Nobly's POS software with Revolut's financial services, offering a unified platform for hospitality businesses to manage finances and operations. This integration allows merchants to use a single environment for digital accounts, payment processing, and other financial services, thereby saving time and reducing costs. At the time of the acquisition, Nobly served merchants in the UK, USA, and Australia.
Keywords: hospitality POS, restaurant management, cafe ePOS, bar point of sale, inventory management, loyalty programs, integrated payments, business analytics, iPad POS, cloud-based POS, Revolut acquisition, online ordering system, staff management, kitchen display system, food truck POS, mobile ordering, ePOS software, small business POS, hospitality technology, back office management