myPOS, founded in 2014, is a dynamic player in the Financial Services sector, primarily focusing on Fintech and Payments. The company is headquartered in the United Kingdom and stands out as the first and only fintech in Europe offering merchants instant settlement of funds without additional costs. This innovative offering enables businesses using myPOS terminals to access their funds immediately, presenting a significant advantage in cash flow management.
Apart from a free e-money merchant account, customers receive a free Business Visa card linked directly to their account, opening access to their funds seamlessly. The company provides a wide range of POS terminals, both classic and Android-based, expanding its grip across physical, online, and mobile payment sectors.
With numerous accolades, including the B2B Innovation Award by Fintech Breakthrough in 2021, myPOS is recognized for its advancements in the payments space. Recently, it attracted significant investment interest, securing a buyout investment from Advent International on 01 November 2023, further bolstering its growth trajectory and affirming its industry impact.