business

Swoopos secures new funding for national launch

Birmingham-based mobile payment app will use newly secured capital to support rollout of technology to clients nationally

A tech start-up company which has developed a mobile ordering app has secured £300,000 in new funding.

Birmingham-based Swoopos is used for ordering and payment, inventory, staff management, customer data analysis and college as a loyalty scheme.

Its counts more than 100 venues on its roster of clients including Second Cup Coffee, Damascena and Zen Metro and is also starting trials with Costa Coffee and local college campuses.

The city centre firm has secured £300,000 from private investors, including an ex-data security analyst from Bank of America, in exchange for a five per cent equity stake.

The capital will be used to support the national expansion of its mobile point-of-sale technology and app.

Founder Lee Nazari said: "We have achieved amazing traction, very quickly, but there is so much more we can do.

"Any restaurant, bar, café, outlet or food street vendor can benefit from this technology and both the customers and the venues want it.

"Swoopos is surging forward at an amazing rate and we have some big announcements round the corner.

"I'm very proud of the progress we are making. It's been exciting to see my 12 years of operational experience running venues be put to good use.

"I have been where they are and know what is needed from all sides of the hospitality industry."

View full mobile page