Cairo-based FinTech Paymob and Riyadh-based restaurant technology provider Foodics announced that they have partnered to provide point-of-sale (POS) devices to the hospitality sector in Egypt. The new partnership will integrate Paymob’s POS devices into Foodics’ cloud-based restaurant management system, enabling businesses using the platform to...
Today in food commerce, Popeyes announces plans to expand its double drive-thru footprint, while Grubhub parent company Just Eat Takeaway looks into selling the aggregator. Plus, grocers leverage automation to tackle supply chain challenges. Popeyes Leans on Drive-Thru Channel to Boost Demand Fulfillment Capabilities As...
Saudi restaurant tech firm Foodics has raised $170 million in a Series C round, the company announced on its website Wednesday (April 20). According to the announcement, the funding will support Foodics’ expansion regionally and internationally, including its merger and acquisition strategy. In addition, the...
Saudi Arabia restaurant tech company Foodics on Monday (Jan. 10) acquired MENA-based restaurant cloud technology platform POSRocket that will allow Foodics to consolidate the market and take a leadership position in Egypt, Kuwait, Oman and Jordan. The deal also sets Foodics up to more M&A...
December 23, 2022
After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that startups in Europe, the Middle East and Africa (EMEA) have clearly felt the chill of a funding winter, despite a relatively robust first half. In […]
November 22, 2022
Cairo-based FinTech Paymob and Riyadh-based restaurant technology provider Foodics announced that they have partnered to provide point-of-sale (POS) devices to the hospitality sector in Egypt. The new partnership will integrate Paymob’s POS devices into Foodics’ cloud-based restaurant management system, enabling businesses using the platform to expand their acceptance of card payments, according to a Tuesday […]
April 20, 2022
Saudi restaurant tech firm Foodics has raised $170 million in a Series C round, the company announced on its website Wednesday (April 20). According to the announcement, the funding will...
January 10, 2022
Saudi Arabia restaurant tech company Foodics on Monday (Jan. 10) acquired MENA-based restaurant cloud technology platform POSRocket that will allow Foodics to consolidate the market and take a leadership position...
