6 years ago
MishiPay Raises €4 Million to Revolutionize Retail Checkout
MishiPay, a London-based startup, has raised €4 million in a Series A funding round led by American Express Ventures, with participation from Nauta Capital and United Ventures
MishiPay's mobile self-checkout solution allows customers to scan and pay for items using their smartphone, enabling them to exit the store without any need to wait in line
The company has already begun generating value for retailers across Europe, including Decathlon and MediaMarktSaturn, by reducing checkout times in store and improving customer experience.
ProblemTechnology
"Retailers are struggling to provide a seamless and efficient checkout experience for customers, leading to long queues and frustrated shoppers."
Solution
"MishiPay offers a mobile self-checkout solution that allows customers to scan and pay for items using their smartphones, eliminating the need to wait in line and improving the overall shopping experience."