The INC Group supports FinTech IPOS in obtaining financing

The INC Group, which specializes in financing innovative entities, has signed an agreement with FinTech iPOS – a producer and distributor of cash terminals that combine the function of a fiscal device, payment terminal and software for remote store management. INC Brokerage House will act as an offeror in the process of issuing iPOS shares.

iPOS dynamically develops sales of modern cash terminals. In the fourth quarter of 2019, the Company sold 2,300 devices that integrate the most important functions for sellers and meet the formal conditions for operating online cash registers.

– The project implemented with iPOS is a consequence of the announced concentration of our activities on companies in the field of new technologies. We hope that the success of the offer will translate into greater interest in innovative technology and financial companies in the capital market. – comments Paweł Śliwiński, president of INC.

This is another INC’s recent contract  on the  payments market. Earlier, INC Brokerage House was the financial advisor to TopCard on the sale of 100% shares by existing owners to PeP (Polskie ePłatności).

iPOS wants to obtain financing from new investors to make the most of the increased interest from stores and service outlets.

– The market environment is favorable for us, thanks to the introduced legislative changes and the obligatory introduction of online cash registers in other industries. We hope that cooperation with the INC Group will allow us to efficiently obtain financing so that we can take advantage of the upcoming changes and increased demand from new customers. – comments Adam Tomaszewski, president of iPOS.

According to the Company’s estimates, in 2020 the demand for new online cash registers will exceed 560 thousand. pieces of which more than half  will be compulsory exchange, among others in hospitality, gastronomy, construction services and the beauty industry.

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