Nobly

Nobly has developed a comprehensive ePOS system for the restaurant and hotel business, allowing enterprises to manage their activities through a back office application, order and inventory management systems, kitchen displays, loyalty and an online ordering application. By November 2021, Noble serves sellers in the UK, USA and Australia.

The Noble product combines with payment equipment and online and offline payment processing capabilities to Revolut enable Revolut to offer a fully integrated solution in the future to easily manage its business and accept payments.

History

2021: Revolut bought Nobly

On November 25, 2021, Revolut announced the acquisition of Noble POS to engage in fintech services for the restaurant and hotel sectors. Companies were silent about the value of the transaction.

We created Nobly so that small business owners and their teams can better serve their customers. Joining Revolut opens up an exciting opportunity to bring seller-consumer interaction to a new level by combining extensive point of sale data with Revolut's financial super application, "comments George Urdya, co-founder and CEO of Nobly POS.

Revolut acquired Nobly

This acquisition will allow Revolut Business customers who own hotel and restaurant businesses to open digital accounts, use FX, issue cards, and freely manage and sell their products, accept online and offline payments, saving time and reducing direct costs for their customers.

The Nobly team has created an excellent product and experience that will contribute to the further advancement of our mission, at the suggestion of a universal solution that allows entrepreneurs of any type to manage their finances and conduct their business from a single platform, "said Nikolai Storodsky, founder and CEO of Revolut.

In the future, Revolut intends to launch a comprehensive, fully integrated solution worldwide and expand the capabilities of its products to serve a wider range of retail customers.^[1]

Notes