India's Mswipe raises $30M to grow its smart point-of-sale terminal business

Indias Mswipe raises $30M to grow its smart point-of-sale terminal business

  • The company's previous funding as a Series D in 2017 that ended up at just over $40 million, thanks to a $10 million extension from B Capital - the investment firm set up by Facebook co-founder Eduardo Saverin that's backed by BCG.
  • ' POS - Wise POS Plus - that is developed on Android which allows applications like billing, inventory management and logistics to be pulled in, too.
  • Indeed, the second piece to that is its own dedicated app store - MoneyStore - which is in development now and is aimed at housing a suite of productivity apps and related services for smaller retailers.
  • Mswipe is betting on a new Android-based smart terminal that will give its merchants access to productivity and management apps, too


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