Comitty secures 175K EUR to revolutionize cashless payments

Comitty secures 175K EUR to revolutionize cashless payments

Comitty, the innovative company from Mettet (Wallonia) that enhances profitability for stadiums, festivals, hotels, and entertainment venues through advanced cashless systems, self-service bars, and beverage tracking technology, has secured 175.000 EUR in growth capital. This includes investment from a business angel within BAN Flanders’ network. This investment presents opportunities for further technological advancement, system optimization, and market growth.

Allocation of the investment

The raised capital will be strategically allocated in several ways. Firstly, there will be an investment in technological innovation. This involves leveraging the latest technologies to continuously improve Comitty's cashless payment solutions and maintain a leading position in the market.

Additionally, the investment will be used for system optimization. Comitty aims to enhance existing platforms to improve user-friendliness and efficiency, ensuring both businesses and consumers benefit from a smoother payment experience.

Finally, Comitty is focusing on market expansion. With this investment, the company can explore new markets and further expand its presence beyond Belgium, allowing even more locations to benefit from Comitty's unique solutions.

From the very first moment I got to know Comitty, I was impressed by their innovative approach. Their vision to enhance the payment experience at events through technology is exactly what this sector needs. Together with BAN Flanders, I strongly believe in Comitty’s mission and look forward to being part of their journey to success.

Walter Luyten, Business Angel at BAN Flanders


Solutions that make a difference

Comitty's solutions not only provide better service and reduce losses but also create new ways to generate revenue. Venues benefit from maintaining full control over their sales and inventory while making payments more interactive and attractive to sponsors through gamification.

At Comitty, we focus on the power of innovation to boost the profitability of payment ecosystems. Our mission is to provide businesses and consumers with secure, efficient, and seamless payment solutions. With the support of BAN Flanders, Comitty is ready to redefine the future of payments

Thomas Farrauto, CEO of Comitty


Vision for the future

Comitty is already active in Belgian stadiums and exhibitions, but ambitiously looks to the future with the goal of becoming the European leader in enhancing venue profitability. The support of an experienced business angel from BAN Flanders' network strengthens their position and strategic growth.

 

Bekijk hier alle deals!

Onze aangesloten business angels hebben geïnvesteerd in tal van ondernemingen. Ontdek hier welke ondernemers via BAN Flanders aan WISE Money zijn gekomen.

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