Retail app听Ubamarket听has raised 拢2.9 million as it looks to听revolutionise the hospitality industry.听
The听start-up听already has partnerships with听SPAR and Central England Co-Op for its听white label听鈥楽can Pay Go鈥� app听Ubamarket, which includes听aisle sat-nav, automated lists, facial recognition and till-less check out.听
Founded in 2016, the London firm听is now targeting hospitality with听the听new NOMM (New Order Magic Menu)听following funding from investors including听IW Capital.听
With听COVID-19听lockdown closing the industry, it听says听NOMM will seek to be the most sophisticated app available to the sector,听offering听contactless payment, interactive menus, facial recognition, takeaways and deliveries.听听
Furthermore, the benefits for the venues include an API cloud-based software that is linked to the POS system, meaning that any changes made to the menus in the restaurant are updated to the app in real time.听听
“We are proud to have so many people have such faith in our service. 2020 was an excellent year for us, building such crucial trade partnerships. Now we are looking to continue 2021 in a similar vein with our bold expansion into the hospitality industry,鈥� said CEO听Will Broome.听听
鈥淭hrough NOMM, we are providing an app that will bring reassurances and comfort to guests and business owners alike. Once the industry is reopened, we will have produced the fastest, cheapest and most tech-enabled solution to many of the problems Covid has highlighted.”听
Luke Davis,听CEO of IW Capital, said: “While some investors have treaded with caution as a result of COVID-19, we believe that now is exactly the right time to be investing into innovative businesses.听听
鈥�This is especially true of those which offer tangible products which industries such as hospitality are desperately in need of once they听open up again this summer.听听
鈥�With听Ubamarket听providing exactly what customers are crying out for within the retail and hospitality experience, their service provision is catering to a huge captive market.听听听
鈥�We believe, along with our investor base, that now is the most opportune moment to provide a platform for SMEs to thrive, and we believe that听Ubamarket听LTD will continue to go from strength to听strength, and听add to their already impressive roster of partnerships.”听