Payment Solution Startup SpotOn Raises $60Million Series C To Support SMB Growth
September 24, 2020
| < 1minute read
SpotOn Transact, a software and payments company for small and medium-sized businesses, secured $60 million in Series C funding just six months after announcing its $50 million Series B investment.
SpotOn focuses on the retail, services, and restaurant industries. These were some of the hardest-hit sectors of the COVID-19 pandemic and led many to become more technologically savvy. A 3-year-old company saw an increase in demand for its products specifically designed for appointments, e-commerce, online ordering, and reservation management. In addition, SpotOn helps clients with marketing, website development, omnichannel payments, and point-of-sale.
They collect customer contact information and accept payments to your way, at the counter, or wherever customers are with our flexible hybrid POS terminal. The SpotOn designed lightning-fast POS accept all modes of payments including credit/debit cards, mobile pay, and gift cards. These kinds of payment systems may boost your business and ease the payment system.
Suprotik Sinha is the Content Writer with Synkrama Technologies. He writes about technologies and startups in the global enterprise space. An animal lover, Suprotik, is a postgraduate from Symbiosis Institute of Mass Communication (SIMC) Pune. He carries 3+ years of experience in mainstream broadcast media where he worked as a Journalist with Ibn7 and Zee Media in Mumbai.