Tagged: restaurant

Fintech Square to Support Fast Casual Dessert Franchise JARS by Fabio Viviani

Technology company Square announced that it will be powering quick-service restaurant JARS, a fast-growing franchise concept from celebrity chef Fabio Viviani. Square claims that it “has been serving hundreds of thousands of food and beverage businesses for more than a decade, and its suite of… Read More

Zitti Attracts $4M for Food Industry Payment, Credit Platform

Zitti, a payment and credit platform built for food industry management and vendors announced its launch today. The company raised an initial $4 million to grow the team and expand the capabilities of its proprietary technology. Founders Dante DiCicco (early Snap executive and restaurant owner) and Erek Benz (co-founder of CREXi and other marketplace platforms)… Read More

Toast Joins Forces With U.S. Small Business Administration to Provide Restaurants with Access to $28.6 Billion Restaurant Revitalization Fund

  Toast, a U.S.-based restaurant management fintech platform, announced on Thursday it has formed a partnership with the U.S. Small Business Administration (SBA) to help provide customers with access to funds made available through the $28.6 billion Restaurant Revitalization Fund (RRF). Toast reported that the partnership… Read More

Restaurant Online Ordering System Menufy Announces Integration With Square

  Menufy, a commission-free, online ordering system for independently owned restaurants and small chains in the U.S., announced on Tuesday it has integrated with Square to help businesses increase their digital ordering volume. Through the integration, restaurateurs that use a Square for Restaurants point-of-sale (POS)… Read More

XTM Set to Launch Payment Solution on Black Fox Restaurant Management Tracking App

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday it is set to launch its payment solution as a continuation of the Black Fox restaurant management tracking app. According to XTM, BlackFox is an application developed exclusively for restaurant… Read More

Restaurant SaaS+ Platform SWIPEBY Now Seeking Funds Through Reg CF Campaign on Republic

SWIPEBY, a SaaS+ platform seeking to turn restaurants into a virtual drive-thrus with curbside pickup, is now seeking funding through its Regulation CF (Reg CF) campaign on Republic. Founded in 2017, SWIPEBY launched as a food-ordering app that turns any restaurant into a “drive thru.” “The… Read More

Restaurant & Hospitality Tech Startup Bbot Secures $3 Million Led By Craft Ventures to Expand Mobile Solution

Bbot Inc., a restaurant and hospitality tech startup dedicated to simplifying and improving the ordering and payments process, today announced a $3 million seed funding round led by Craft Ventures, an early-stage venture fund headquartered in San Francisco. Founded in 2017, Bbot states it offers… Read More

Crowdcube Success Stem + Glory Launches Seedrs Round to Raise £400,000 in Funding

  Just a little over two years after raising £616,170 through its Crowdcube campaign, UK-based restaurant chain, Stem + Glory, is now seeking £400,000 through its new equity crowdfunding campaign on Seedrs. Co-investor of the funding round is the Future Fund. As previously reported, Stem +… Read More

CrowdOut Capital Announces Continuous Support of Punch Bowl Social During COVID-19 Outbreak

Private lending syndication platform CrowdOut Capital announced on Wednesday its continued support to Punch Bowl Social as the restaurant group works to navigate through the difficult times during the COVID-19 outbreak. According to CrowdOut, Punch Bowl Social is claimed to be the first experiential food… Read More

Simple Health Kitchen’s Crowdcube Round Surpasses £1 Million While Attracting More Than 300 Investors

Simple Health Kitchen, a UK-based restaurant with a mission to make London a healthier place, has successfully raised over £1 million in funding through its equity crowdfunding campaign on Crowdcube. The restaurant launched the funding round last month, originally seeking £750,000.  According to its founders,… Read More

Update: Hop Vietnamese Is Set to Close Crowdcube Round With More Than £1.5 Million Raised

HOP Vietnamese, a UK-based fresh food concept that is on a mission to showcase a “passion” for Vietnamese colorful food, culture, and street atmosphere, is now set to close its highly successful equity crowdfunding campaign on Crowdcube with more than £1.5 million raised. The restaurant… Read More

Update: HOP Vietnamese’s Crowdcube Round Surpasses £1.1 Million in Funding

HOP Vietnamese, a UK-based fresh food concept that is on a mission to showcase a “passion” for Vietnamese colorful food, culture, and street atmosphere, has successfully raised more than £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round was launched earlier this… Read More

Overfunding: HOP Vietnamese Quickly Secures £750,000 in Funding Through Crowdcube Round

HOP Vietnamese, a UK-based fresh food concept that is on a mission to showcase a “passion” for Vietnamese colorful food, culture, and street atmosphere, has quickly secured its initial £750,000 funding target and is now nearing £920,000 through its equity crowdfunding campaign on Crowdcube. The company… Read More

Square Announces Sale of Caviar to DoorDash

Payment process platform Square announced on Friday it has completed the sale of food delivery service, Caviar, to DoorDash. Square reported that Caviar was sold to DoorDash on October 31st for $410 million in a mix of cash and DoorDash stock. “Caviar will be included in… Read More

Biz2Credit’s Analysis of Industry Sectors Reveals Restaurant Loan Approval Rates Were Above 50% in 2018

Online lending platform Biz2Credit announced on Friday its latest analysis of industry sectors found that restaurant loan approval rates were above 50% in 2018. Biz2Credit revealed that though the analysis noted that restaurants and accommodation businesses had the highest loan approval rates (51%) in 2018… Read More

The Hebridean Food Co. Returns to Crowdcube; Now Seeking £200,000 in Funding

Just a few years after securing more than £90,000 in funding through its previous Crowdcube round, The Hebridean Food Co. has returned to the equity crowdfunding platform with a mission to raise a minimum of £200,000. The company is now offering 10.35% in equity, at… Read More

Daisy Green Collection Completes Crowdcube Round With More Than £2 Million in Funding

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, closed its equity crowdfunding round on Crowdcube yesterday with more than £2 million secured. The campaign was launched last month and quickly raised… Read More

Gage & Tollner Partners with Wefunder: Great Eats, Nibbles & Sips in Brooklyn

No Eats ‘Til Brooklyn? Riffing on the Beastie Boys’ “No Sleep ‘Til Brooklyn” on this new revenue sharing Wefunder campaign which plans to bring back to life the historic and beloved Brooklyn restaurant Gage & Tollner. Gage & Tollner, once known for its stunning Gilded-Age dining room and its… Read More

Update: Daisy Green Collection’s Equity Crowdfunding Campaign Nears £2 Million During the Final Days on Crowdcube

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, has successfully secured nearly £2 million through its equity crowdfunding campaign on Crowdcube. The campaign is set to close later this week, which… Read More

Update: Daisy Green Collection Set to Close Crowdcube Campaign Early After Achieving Nearly £1.6 Million in Funding

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, announced on Thursday it is planning to close its highly successful equity crowdfunding campaign on Crowdcube sooner, rather than later. The campaign launched… Read More

Send this to a friend