Think&Go NFC
Enables any kind of digital display to interact with connected objects.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
N/A | Acquisition | ||
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 49 % | (18 %) | (69 %) | (59 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (44 %) | (87 %) | (233 %) | (603 %) | (1517 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (67 %) | (136 %) | (289 %) | (1017 %) | (1609 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Think&Go NFC, founded in 2010 by Vincent Berge, specialized in transforming digital displays into interactive transaction points. Berge's background includes extensive experience in technology and marketing, with roles at IBM and as a co-founder of Mobile Distillery, which focused on software for mobile handset fragmentation. His expertise in mobile technology and marketing directly informed the development of Think&Go NFC's core offering.
The company developed a proprietary technology that embeds Near Field Communication (NFC) antennas into large format digital screens, enabling them to interact with NFC-enabled devices like smartphones and loyalty cards. This effectively turned any digital screen into a point of sale, a concept they termed "Screen-Commerce". The system was designed to facilitate a variety of consumer actions, including making purchases, downloading coupons, and engaging with loyalty programs directly from the screen. This created a new sales and marketing channel for businesses, particularly in high-traffic areas such as shopping malls, airports, and train stations.
Think&Go NFC's business model centered on selling these connected screens and the underlying technology to merchants and advertisers. A partnership with Ingenico, a global payment solutions company, was crucial, as it integrated secure payment functionalities into the screens, allowing for contactless payments via mobile devices and cards. In 2016, recognizing the strategic fit and potential for expansion, Ingenico Group acquired Think&Go NFC. The acquisition aimed to leverage Ingenico's global network and R&D to accelerate the deployment of these connected screens, integrating Think&Go's team and technology into Ingenico Labs to further develop omni-channel payment solutions.
Keywords:NFC technology, connected screens, interactive displays, digital signage, contactless payments, Screen-Commerce, point-of-sale technology, retail technology, out-of-home advertising, customer engagement, mobile payments, loyalty programs, Vincent Berge, Ingenico Group, large format displays, transaction-enabled screens, smart screens, interactive retail, FinTech, omni-channel payment