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Poynt Looks to Set the Standard for the Smart POS Terminal Industry

Retriever Merchant Solutions

Retriever Merchant Solutions works with clients in people-oriented industries like food, jewelry, and retail to provide dependable payment-processing solutions in their place of business. Many of the payment-processing services that Retriever Merchant Solutions provides are non-cash payment point-of-sale (POS) options like the modern-technology solution developed by Poynt.

Officially Poynt Co., the smart terminal and POS operating-system (OS) startup was founded in Palo Alto, California, in 2014. In 2018, multiple tech-news outlets announced that the company had raised $100 million in venture capital during its most recent funding round. Its backers included big industry players such as Google Ventures from Alphabet, Inc., the National Australia Bank, and NYCA Partners.
Poynt has stated that it will use the funding to expand its operations to Asia, South America, and Europe. It will also dedicate a portion to broadening its internal talent pool. Additionally, shortly after announcing the results of its successful funding round, Poynt representatives suggested that all smart terminals in the market should function on a common OS. They advocated for Poynt’s system to serve as that common OS, and the company will likely use its latest round of funding to pursue that goal.

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