With the help of the Rockaway, Mergim Cahani is developing the internet economy in the Balkans. The current situation, which favours on-line shopping, is one of the reasons why his Gjirafa content and e-commerce…
Tech startup Storyous, which is part of the portfolio of the Rockaway Capital investment group and provides cash register systems and operations management to restaurants, has a new strategic investor: SaltPay, a leading European FinTech player that provides innovative and complete payment solutions for businesses and a related payment eco-system.
This key investment, whose amount and other details none of the parties will comment on, comes at a time when thanks to the coronavirus pandemic the benefits of the Storyous solution for restaurant operations have become fully evident. This is because this modern platform allows for comprehensive and clear restaurant management, thus significantly improving efficiency during a time rife with uncertainty.
“This is an exceptionally successful transaction for Rockaway, and for Storyous it is an excellent opportunity that we hope will be a significant step toward further growth. An al-liance with a strong player like SaltPay will open paths to more European markets for Storyous, and we’re truly looking forward to that,” says Dušan Zábrodský, investment partner at Rockaway Capital, regarding the transaction.
SaltPay is a rapidly growing company with headquarters in London that currently oper-ates in fourteen European and African countries and whose backers include famous in-vestor Warren Buffett. Its technology is based on a comprehensive payment system soft-ware and hardware solution that has its own banking licence and that is especially ad-vantageous for small businesses. To them, SaltPay offers quick, inexpensive, and simple implementation of its product, which has no hidden fees and includes related financial services.
Storyous then takes this solution and adds a simple but comprehensive system that sim-plifies operations-related administration and makes it possible to instead spend time on activities that lead to a perfect customer experience. Storyous brings its customers a per-fect overview of their entire business, from simple and efficient stock-keeping, revenue tracking, and sale of individual products to payment and connection to popular reserva-tion services. In the autumn, Storyous introduced the OneMenu.cz service, which allows restaurants to accept on-line orders along with a fairer delivery system.
The combination of SaltPay and Storyous will also be appreciated by the Czech compa-ny’s existing clients, which currently consist of almost four thousand food service estab-lishments in the Czech Republic, Poland, and Spain. Igor Třeslín will still be CEO of Storyous, which will also retain its brand.
“A strategic partnership with SaltPay is an excellent opportunity for us, one that has al-lowed us to accelerate our mission, which is to support restaurant owners and other small and mid-sized businesses throughout Europe and beyond. We began developing our cash register system five years ago, since then thousands of businesses have tried it out, and now we’re prepared to grow. The synergy represented by the combination of our managerial team and the SaltPay payment ecosystem will mean tremendous added val-ue for our customers, and that’s the main objective of our activities,” says in closing Igor Třeslín, Storyous CEO.