European Fintech myPOS Completes First Acquisition to Strengthen Presence in France

  • Payments
  • 21.01.2025 10:35 am

myPOS, the London-based fintech platform that pioneered instant settlement, has announced its acquisition of Toporder, a leading French cash register company. This move solidifies the position of myPOS as a payments service provider addressing the unique challenges faced by small and medium enterprises (SMEs).

The acquisition enables myPOS to expand its footprint in the French retail, food and beverage sectors by providing integrated payment and cash register solutions designed to streamline operations, improve efficiency and drive growth.

“France is one of our most dynamic markets, and this acquisition will help us expand the business of our clients by offering top-tier technology,” said myPOS CEO Mario Shiliashki. “We’re excited to welcome Toporder to the myPOS group and together deliver solutions that save time and money, enabling merchants to focus on what matters most – growing their business.” 

Founded in 2019 in Lyon, Toporder provides a comprehensive cash register system, integrating business tools such as inventory management, accounting, statistical analysis, customer database management and more. Serving more than 700 clients across France, Toporder will continue supporting its existing customers while integrating its technology into the myPOS platform.

Toporder CEO Mickael Blanchard said the acquisition will help both companies better cater to the needs of merchants. “We’re delighted to offer myPOS clients a touch screen cash register solution that will significantly help improve their business by streamlining operations, enhancing customer service and providing valuable insights.”

Florian Malvicino, myPOS France Country Manager, highlighted the broader impact of the acquisition: “French SMEs face numerous challenges, ranging from rising production costs (energy prices, raw materials, payroll expenses, etc.) to compliance with regulations, and an uncertain economic climate. By integrating Toporder's technology, we aim to improve the daily lives of business leaders by offering them tools that allow them to manage their operations and expenses more effectively, and even anticipate future sales thanks to AI.”

The acquisition of Toporder comes a year after myPOS itself was acquired by Advent International, one of the largest global private equity investors. With the recent move, myPOS continues its ambitious growth strategy to become a market leader in serving micro, small and medium-sized enterprises across Europe.

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