St. John’s-based Oliver POS, which offers digital payment solutions to retailers, has raised $3.2 million from European angels, an impressive seed round for a company that is only two years old.
The company has developed a Software-as-a-Service product that enhances retailers’ point-of-sale, or POS, capabilities. Its sales – which now extend into 70 countries – have surged with the global wave of merchant technology digitalization amidst the global pandemic.
According to Startup Genome, the median seed investment in Atlantic Canada is US$674,000, or C$915,000. Oliver POS said in a statement