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Mobile Payments for Vending1-10 Employees
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Mobile Payments for Vending
Every year vending operators lose at least 10-15% of their revenues due the lack of cashless payments and telemetry. VENDi increases revenue of vending operators by providing an all-in-one box solution including mobile payments, monitoring & marketing. The technology includes three core elements: universally compatible hardware (modem controller) that is easy to setup and doesn't require frame modification; mobile application where users top-up their balance with bank cards and make purchases cashless; and cloud platform where vending operators can monitor the work of vending machines, get real-time error/alerts and sales reports, and manage loyalty & marketing campaigns, promotions, happy hours etc. We believe that VENDi can increase revenue by 15-20% by providing cashless payments, telemetry and loyalty tools.
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Ilia Lumpov
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Alex Brysyakin
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Co-Founder & Director, Russia & CIS at VENDi | 15+ years IT, Telecommunications & Mobile Commerce @Mobile TeleSystems OJSC @Megafon
Total raised

$10K

Funded over

1 round

Latest round

Seed (Aug 2014)

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