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Emerging market investor Quona Capital co-led the round with FinTech Collective. LoftyInc Capital and Enza are some of the other investors.
So, it created a cloud-based solution that integrates local payments, logistics companies, inventory management, and business analytics for small to medium-sized food businesses, to make it easier for these businesses to scale.
Cloud-based point of sales for small, medium and large-sized restaurants has increased tremendously in both size and popularity. The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak, has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. […]