Tagged: restaurants

UAE’s Spades Dine-in Payment Fintech Acquires $2.5M for Expansion Across MENA Region

UAE Money Currency dirhams

There’s no denying that the Middle East is “growing fast” and its restaurant scene is growing “even faster,” according to an update shared with CI. Dining in the UAE means “exploring one of the most diverse, vibrant, and delicious food destinations on the planet.” Restaurants… Read More

Qlub, a Payments Fintech for Restaurants, Secures $17M via Seed Round

Food Restaurant Oysters Boston

Qlub, a company creating a fast payment solution for consumers in restaurants, has secured $17 million via a seed round. Qlub’s investment round has been co-led by Cherry Ventures and Point Nine along with contributions from other several VCs such as STV, Raed Ventures, Heartcore,… Read More

Moven Helps TipHaus Launch Banking Challenger for Hospitality Industry

Marina Bay Sands Hotel Singapore

One of the most challenging or pressing issues facing service-oriented companies right now is retaining hardworking, motivated professionals. According to a study shared by The Washington Post, the hospitality sector has the highest quitting rates of any industry by a considerable margin. TipHaus aims to… Read More

UK based Digital Bank Revolut Acquires Nobly ePOS Business to Expand Operations into Hospitality Sector

Revolutcon iPhone with Airpods

Revolut has announced the acquisition of “highly rated” ePOS software provider Nobly POS in order to expand its product offering to serve the restaurant and hospitality sectors. Established in 2013, Nobly has created an extensive ePOS system for the restaurant and hospitality industry enabling hospitality… Read More

New York City Bars Could Make History by Selling for Bitcoin (BTC) or Ethereum (ETH) as Digital Asset Prices Keep Rising

Touch Cocktail the Ivy Drink Bar London UK

A restaurant owner based in New York City has been trying to sell his two bars for Bitcoin (BTC), the flagship cryptocurrency. Patrick Hughes had put his side-by-side bars in Manhattan’s Hell’s Kitchen neighborhood, Scruffy Duffy’s and Hellcat Annie’s, up for sale last month. Hughes… Read More

ABN Amro Launches “Tikkie Check” for Bar & Restaurant Payments

dan gold restaurant unsplash

ABN AMRO announced on Friday the launch ot the latest feature on the payment app Tikki, Tikki Check, which allows users to pay the bill in bars and restaurants through smartphones. According to ABN Amro, Tikki check simplifies payment for customers and restaurants alike, with… Read More

CrowdOut Capital Announces Term Loan & Growth Facility to Hilton Head’s Wild Wing Cafe

chicken wings brian chan unsplash

Private lending syndication platform CrowdOut Capital announced on Wednesday the completion of a term loan and a delayed draw growth facility to Wild Wing Cafe. The restaurant chain, originally from Hilton Head, South Carolina, owns and operates a successful restaurant franchise with 44 system-wide restaurants,… Read More

Crowdfunding Report: Number of Restaurants Leveraging Reg CF is Increasing Dramatically

Food Restaurant Oysters Boston

The number of restaurants leveraging Reg CF is increasing dramatically, according to a report published by Crowdfund Capital Advisors (CCA). Reg CF is the smallest of the three crowdfunding exemptions utilized in the US. Under Reg CF, an issuer may raise up to $1.07 million… Read More

OnDeck Teams Up With Upserve For Restaurant Financing

restaurant polina yUSpAw3wrQg unsplash

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday it has formed a new partnership with  Upserve, a restaurant management platform, to provide Upserve’s restaurant customers with online financing options from its website. According to OnDeck, more than 10,000 restaurants currently use… Read More

Online Takeaway Restaurant Marketplace Appetise Launches Crowdcube Round; Now Seeking £500,000 in Funds

Appetise 1

Appetise, a UK-based online takeaway restaurant marketplace, is now seeking £500,000 through its newly launched equity crowdfunding campaign on Crowdcube. Founded in 2008, Appetise is described as a UK-focused online and mobile application takeaway and delivery restaurant marketplace. Takeaways and delivery restaurants contract Appetise to join… Read More

Overfunding: Central London Seafood Restaurant Group Bonnie Gull Quickly Raises £200,000 Through Crowdcube Campaign

Bonnie Gull 1

Bonnie Gull, a seafood restaurant group based in Central London, has successfully secured its initial £200,000 funding target through its equity crowdfunding campaign on Crowdcube. Launched in 2012, the restaurant brand started its pop-up concept in Hackney before launching permanently in Fitzrovia. It claims to be… Read More

FAT Brands Trades on NASDAQ Today as CEO Andy Wiederhorn Rings Opening Bell

Fat Burger

FAT Brands, (FAT stands for Fresh. Authentic. Tasty), opened trading today on the NASDAQ under ticker symbol FAT becoming one of a growing list of issuers leveraging Reg A+ to raise capital from both accredited and non-accredited investors quickly followed by a listing on a… Read More

Hummus Bros Returns to Seedrs to Raise £125,000 to Expand Mediterranean Restaurant

Hummus Bros 4

Mediterranean restaurant and pop-up chain, Hummus Bros, has returned to equity crowdfunding platform Seedrs to raise 125,000 as it prepares for expansion. The company secured 454,651 less than two years ago. Hummus Bros was launched in May 2003 by friends Christian Mouysset and Roen Givon…. Read More

Brief: Commerce & Payments Platform Sourcery Raises $5M During Venture Funding Round

Money in Wallet

Sourcery, a California-based digital payments and commerce platform that focuses on the accounts payable within the food and hospitality industry, announced on Tuesday it has successfully secured $5 million during its latest venture round, which was led by Marker LLC with Steadfast Capital and existing investors…. Read More

UK’s Tap Coffee Seeks £400,000 on Crowdcube to Expand & Take Coffee Philosophy to Bigger Audience

Tap Coffee 1

Seeking to expand its coffee brand, UK-based Tap Coffee recently launched a Crowdcube with a mission to raise a total of £400,000. Starting in 2010 by Richard Lilley, the company was created to fix what he believed to be a “lack of cafe culture” in the UK. The company stated it… Read More

Yorkshire Meatball Co. Extends Crowdcube Initiative

Yorkshire Meatball Co 4

On Tuesday, UK’s Yorkshire Meatball Co. announced that it was extending its equity crowdfunding campaign on Crowdcube by an extra two weeks. The company hit the funding portal earlier this month to raise £100,000 as it plans to expand its restaurant chain. The team at Yorkshire… Read More

Chilango Closes Funding on Crowdcube at £3.4 Million. Will Open 50 New Locations

Chilango Burrito

Mexican food chain Chilango has closed its funding round on Crowdcube at £3,433,010 topping its original target of £1 million.  Chilango gained approximately 1300 new shareholders as the investors purchased an 8.72% stake in the firm.  Crowdcube states the single largest investment during the equity… Read More

Chilango Returns. Seeks £1 Million in Equity Capital on Crowdcube

Chilango Burrito

Chilango, the fast growing bespoke burrito and taco chain, is returning to investment crowdfunding platform Crowdcube. This time, Chilango will seek to raise £ 1 millionChilango will seek to raise £ 1 million for 3.26% ownership in the business.  The offer has quickly jumped to… Read More

VIAFolio Connects Investors with Institutional Type Offers. Leads with Debt Offer from Matchbox Food

dc3 Matchbox Food Group

VIAFolio is an online debt and equity platform which connects investors, brokers and avisors with private companies seeking funding. Created by Folio Investing and Folio Institutional, the new portal is leading with a debt offering of $10.5 million from DC based Matchbox Food Group LLC.  Matchbox… Read More

Neil Sebba of Tossed Talks Equity Crowdfunding on Seedrs (Video)

Neil Sebba of Tossed

Tossed, a chain of “vibrant” healthy eating restaurants, went to Seedrs to raise £750,000 for a 5.5% equity stake in the growing company that gave a pre-money valuation of £12.8 million.  The still open equity crowdfunding campaign is now over £1.2 million as over 630… Read More

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