Olo executives told investors on the company’s third quarter 2023 earnings call on Monday (Nov. 6) that they anticipate card-present transactions to become a key growth driver for its Olo Pay service as restaurant brands transition away from their long-standing legacy payment processing partnerships. The fact...
Second quarter earnings for restaurant technology platform Olo released Tuesday (Aug. 1) showcased strong company performance and a commitment to shaping the future of the restaurant industry through digital innovation. According to the results, Olo generated $55.3 million in total revenue in Q2, a 21% increase year...
Restaurant technology platform Olo has begun offering card-present processing through its Olo Pay service. The company announced the launch in a news release Thursday (July 13), part of a larger rollout of new product enhancements. Olo says its card-present payment processing offering is available now when diners order...
Fully personalized dining experiences are already possible once restaurants and customers get onboard, according to Olo. In an interview with PYMNTS, Noah Glass, CEO of the restaurant technology platform, said the company’s vision of the Restaurant of the Future, wherein customers are identified every step...
February 21, 2024
Smaller restaurant brands are increasingly adopting digital solutions to optimize their operations. Restaurant technology provider Olo reported Wednesday (Feb. 21) that the “emerging enterprise segment,” which it defines as brands with five to 99 locations, has become a “meaningful contributor” to the company’s growth. “Emerging enterprise has become a meaningful contributor to location count since we’ve doubled […]
August 01, 2023
Second quarter earnings for restaurant technology platform Olo released Tuesday (Aug. 1) showcased strong company performance and a commitment to shaping the future of the restaurant industry through digital innovation. According...
July 13, 2023
Restaurant technology platform Olo has begun offering card-present processing through its Olo Pay service. The company announced the launch in a news release Thursday (July 13), part of a larger rollout of new...
