Typs

Typs

Software that allows companies to offer their employees a salary on demand, with no impact on their cashflow or their processes.

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DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
N/A

€0.0

round
N/A

N/A

Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20192020202120222023
Revenues00000000000000000000
% growth-1149 %4212 %(100 %)-
EBITDA00000000000000000000
% EBITDA margin(31645 %)(6034 %)(185 %)--
Profit00000000000000000000
% profit margin(24616 %)(7143 %)(197 %)(696513 %)-
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Typs
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Typs GmbH, operating as typs.com, is a fintech startup that has developed a platform to facilitate digital tipping and feedback for service employees. The company was founded in 2019 by Adnan Djahic, Ibo Oez, and Kevin Fuhrmann, who brought their collective experience from the gastronomy and hospitality sectors to address the increasing challenge of cashless tipping. Recognizing the shift away from cash payments, the founders aimed to create a simple and direct way for customers to show appreciation and for employees to receive their tips digitally.

The core of Typs' business is a digital tipping solution that functions without the need for a separate app or registration for the tipper. Customers can simply scan a QR code assigned to a specific employee or team to leave a tip using common payment methods like Apple Pay, Google Pay, or credit card. This process is designed to be seamless and takes only a few seconds. For the service employees, Typs provides an application where they can manage their received tips, view their performance analytics, and initiate payouts directly to their bank accounts.

Typs operates on a B2B2C model, primarily targeting businesses in the hospitality, gastronomy, and retail sectors, such as hotels, restaurants, and hair salons. These businesses can implement the Typs system for their entire workforce. The revenue model is based on a transaction fee. For each tip processed through the platform, Typs deducts a 7.5% service fee. This fee covers transaction costs, platform maintenance, and further development. The remaining amount is credited to the employee's Typs account. The service is presented as a tool for businesses to increase employee motivation and satisfaction by providing a modern solution to a common industry pain point, ultimately helping them to retain staff.

Keywords: digital tipping, fintech, hospitality tech, employee benefits, cashless payments, feedback platform, service industry, QR code payments, employee retention, transaction fees

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