Fintech iPOS from the OEX Group with new financing

4 December 2023

Providing innovative solutions for retail, fintech iPOS from the OEX Group is not slowing down. The business record-breaking year concludes with the acquisition of new financing from a group of reputable investors. The fresh capital will enable the company to sustain its previous dynamic growth pace.

iPOS creates a comprehensive system that combines the functions of a fiscal cash register, payment terminal, and sales management system. The integration of all these functions constitutes an integrated technology of a cash terminal, enabling both stationary and mobile operation, while the cloud-based iPOS web system allows remote business management. It is a unique and universal solution in the industry, highly scalable.

“The acquisition of capital from new investors is evidence that the previous development of our portfolio company has been recognized, and it bodes well for the future. For the OEX Group, it is also a sign that in its portfolio, there is a company with a promising business model on a trajectory towards achieving sustainable profitability and with the potential to increase value for all its shareholders.” – says Tomasz Kwiecień, a member of the OEX SA Board.

After the capital increase, OEX SA remains the majority shareholder with an 84% stake. iPOS is the second, alongside Open Loyalty, publicly traded company of the OEX Group in the early stages of development.

The new funds will be allocated for the implementation of pro-development projects that build the scale of the business and strengthen the company’s position in the competitive market of innovative business solution providers for small and medium-sized enterprises.

Excalibur Capital served as the exclusive financial advisor to iPOS in the capital acquisition process.

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Małgorzata Fischer
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