London-based fintech myPOS has made its first acquisition, acquiring the French cash register company Toporder.
This acquisition enables myPOS to expand its presence in the French retail and food and beverage sectors by providing integrated payment and cash register systems aimed at streamlining operations and boosting efficiency.
With over 500 employees, myPOS offers a suite of payment, account, and card solutions for small merchants and sole traders. “France is one of our most dynamic markets, and this acquisition will help us expand the business of our clients by offering top-tier technology,” says myPOS CEO Mario Shiliashki. “We’re excited to welcome Toporder to the myPOS group and together deliver solutions that save time and money, enabling merchants to focus on what matters most – growing their business.”
Founded in 2019 in Lyon, Toporder offers a cash register system that integrates business tools such as inventory management, accounting, statistical analysis, and customer database management for over 700 clients across France.
The acquisition of Toporder follows myPOS’s acquisition by Advent International last year. The company currently serves around 170,000 merchants in Europe across various sectors, including food and beverages, professional services, retail, and transportation.