Financials

Estimates*

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Revenues, earnings & profits over time
EUR20182019202020212022
Revenues1.1m8.2m8.0m13.1m12.9m
% growth-669 %(1 %)62 %(1 %)
EBITDA(3.2m)1.4m1.4m3.9m-
% EBITDA margin(300 %)18 %18 %30 %-
Profit(3.4m)<1m<1m1.9m-
% profit margin(325 %)11 %5 %14 %-

Source: Dealroom estimates

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DateInvestorsAmountRound
N/A

£200k

Angel

£1.0m

Seed

$10.7m

Series A
*

$3.5m

Series A

N/A

Support Program
*

£22.0m

Valuation: £22.0m

24.9x EV/LTM Revenues

-8.3x EV/LTM EBITDA

Acquisition
Total Funding$15.8m

Recent News about Flypay

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Flyt operates in the hospitality technology sector, providing a universal integration platform that connects merchants and service providers with leading Point of Sale (POS) systems. The company serves restaurants and other hospitality operators, enabling them to streamline operations and enhance customer experiences. Flyt's platform offers real-time data on bills and tables, direct menu data integration, seamless order placement, and secure payment processing through integrated gateways. By breaking down information silos and eliminating manual data transfers, Flyt allows businesses to focus on delivering exceptional service. The business model is based on providing a scalable, subscription-based service that integrates with existing POS systems, making money through subscription fees and transaction-based charges. Flyt's clients benefit from reduced integration times, operational efficiencies, and improved customer satisfaction.

Keywords: hospitality technology, POS integration, real-time data, menu management, order processing, payment gateways, seamless operations, subscription service, operational efficiency, customer experience.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.