Palo Alto based connected commerce platform Poynt raised $100 million in Series C funding from Elavon and National Australia Bank.
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Poynt raises $100m
In four years, Poynt has brought in a total of $133 million from backers such as Google Ventures, Matrix Partners, Oak HC/FT, Webb Investment Network and Nyca Partners. In the last 16 months, it has shipped some 150,000 terminals. The company says total payment volume will exceed $25 billion in the next year. “Our vision is to transform retail by becoming that innovation platform for payment terminals everywhere,” Bedier wrote in a statement. “We give developers a technical canvas to build the experiences merchants and their customers have come to expect and ultimately, make visiting your local store the personal experience it was always meant to be.”
