Revolut Expands Offering with the Acquisition of Nobly POS

Revolut, a UK financial technology firm offering banking services, announced that it has acquired Nobly POS, a highly rated ePOS software provider, to expand its offering to serve the restaurant and hospitality sectors.

Nobly’s product is currently being integrated with Revolut’s payment hardware and Revolut’s online and offline payment processing capabilities so that Revolut will offer a fully integrated solution to empower merchants to manage their businesses and accept payments easily.

This acquisition will enable Revolut Business hospitality customers to open a digital account, use FX, issue cards and seamlessly manage and sell their products and accept payments online and offline from the single Revolut Business environment saving time and reducing direct costs for its customers.

“The Nobly team has built a great product and expertise which will further advance our mission to offer a one stop shop solution to enable merchants of every kind to manage their finances and run their businesses from a single platform,”Nik Storonsky, CEO of Revolut said.

“We built Nobly to enable small business owners and their teams to better serve their customers. Joining Revolut opens the exciting possibility to take the merchant-consumer experience to the next level, by bridging the rich point of sale data with Revolut’s financial super app,”George Urdea, co-founder and CEO at Nobly POS added.

Last month, Revolut has acquired the New York-based talent sourcing platform Wanted​. This transaction will strengthen Revolut’s speed of product development for retail and business customers.