8 years ago
Poq Secures £3.5 Million to Expand App Commerce Platform
Poq, a London-based app commerce company, has secured £3.5 million in funding, bringing its total raised to £7 million
The round was led by Beringea with participation from Meyer Bergman and Barclays
Poq intends to use the funds to expand its customer base among large and international retailers, and to extend its service so that in-house developers will be able to customize their apps themselves
Poq provides a Software-as-a-Service platform (SaaS) for iOS and Android that enables retailers to build shopping apps for their customers
The company has gained traction with large retailers such as House of Fraser, Missguided, Holland & Barrett, and Made.com.
ProblemTechnology
"Retailers are struggling to keep up with the rapidly changing landscape of mobile commerce, and many are finding it difficult to build and maintain high-quality shopping apps that meet the needs of their customers."
Solution
"Poq provides a Software-as-a-Service platform (SaaS) that enables retailers to build and manage their own branded mobile shopping apps. The platform is designed to be easy to use and offers a wide range of features and functionalities, including real-time updates, in-app data analytics, and customization options."