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Mad Mobile provides a SaaS platform that modernizes POS for retail and restaurant sectors. Its two main products are Concierge for Retail, a mobile POS and clienteling tool that integrates with a store's enterprise systems; and CAKE for Restaurants, an all-in-one POS with tableside ordering, online ordering, self-service kiosks, and QR payments, with CAKE MenuPad to connect legacy POS. The platform combines mobile tools across customer-facing selling and hospitality with deep enterprise integrations and 24/7 global support, serving brands like Ralph Lauren and Texas Roadhouse. The goal is to simplify hospitality by making transactions in retail and restaurants mobile and seamless.
Industries
Enterprise Software
Fintech
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$70M
Headquarters
Tampa, Florida
Founded
2010
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Total Funding
$70M
Above
Industry Average
Funded Over
2 Rounds
Health Insurance
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401(k) Retirement Plan
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Hybrid Work Options
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Global acceptance daily news roundup 21/11/2025. Acceptance & processing. UK-based payments firm The ai Corporation (ai) has joined Visa's "Ready for Fleet" partner programme to fast-track fuel and mobility payment solutions for commercial fleets. Its cloud platform aiEazyFuel will support Visa Fleet 2.0, enabling global and flexible fleet card operations with built-in fraud prevention. Getnet and UnionPay International have signed a strategic agreement to expand UnionPay card acceptance across Spain and Portugal. The partnership will extend UnionPay's reach in retail stores, e-commerce, and public transit systems, and will explore QR code payments via UnionPay's e-wallet to cater to Chinese consumers. DIGITAL & ecommerce. Ecommpay has become one of the first payment providers to integrate Apple Pay's new QR code feature, allowing any device or browser to use Apple Pay at checkout. The cross-platform solution lets customers scan a QR code on non-Apple devices to complete payment via Apple Pay on their iPhone, eliminating device-based friction and extending Apple Pay's reach beyond Safari and Apple hardware. Open Banking & psd. Luxembourg-based fintech SBS has upgraded its SBP Open Banking Platform to let European banks integrate the new Wero digital wallet from the European Payments Initiative (EPI). The cloud-native platform acts as an orchestration layer between a bank's core systems and EPI's central infrastructure, simplifying compliance with EPI's scheme across multiple countries. The updated platform also supports upcoming open banking standards to future-proof clients against regulatory changes. Rest of the world. AsiaPay has integrated Google Pay as a new payment option into its PesoPay payment gateway in the Philippines. This enhancement allows local merchants to offer Google's digital wallet at checkout, giving consumers a faster and more secure way to pay while helping merchants lift conversion rates and customer satisfaction. Banco BS2 has introduced a new API via its Easy Pay platform that lets foreign financial institutions offer Pix QR code payments to non-residents and visitors in Brazil. The solution connects global companies to Brazil's instant payment network, enabling people without local bank accounts to pay for purchases in Brazil through Pix. Mad Mobile has launched a Premier Acquirer Services platform in partnership with Visa's Cybersource, SouthState Bank and RS2, allowing restaurants and retailers to process card payments directly. The Tampa-based tech provider integrated its payment facilitator capabilities with Visa's Cybersource, enabling merchants to simplify payments, gain transparent pricing, and receive funds faster through a direct-to-merchant acquiring model. Flexa has launched a crypto-focused point-of-sale terminal that lets merchants accept digital asset payments in-store without taking on custody or price volatility risk. Developed with hardware partner Arx the device supports tap-to-pay and QR code transactions across 500+ cryptocurrency wallets and apps. U.S.-based fintech PayQuicker has partnered with Uruguay's dLocal to expand its global payout platform across Africa, the Middle East, Asia, and Latin America. PayQuicker's orchestration technology will integrate dLocal's network of 900+ local payment options, including bank transfers and e-wallets, in emerging markets. This alliance enables businesses using PayQuicker to instantly disburse funds to beneficiaries in over 210 countries, using local currencies and preferred payment methods to simplify mass payouts to underbanked areas worldwide.
Mad Mobile, Inc. launched the AI Alpha Program, a bold internal experiment where:
Mad Mobile, a Tampa, FL-based company which specializes in restaurant and retail SaaS and payment solutions, raised $50M in financing.
Mad Mobile has secured $50 million in funding from Morgan Stanley Expansion Capital and Bridge Bank. The funds will be used to expand its SaaS and payment technologies, refinance existing debts, and boost sales growth. CEO Bruce Bennett and executives from both financial institutions expressed enthusiasm about the partnership. Mad Mobile processes ~$3 billion in payments annually and has seen significant growth due to the increasing demand for mobile and flexible retail and restaurant solutions.
Mad Mobile, a global leader in Connected Commerce and mobile payments for retailers and restaurants, today announced a strategic partnership with BambuMeta, a pioneer in web3-based extensible loyalty platforms.
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Industries
Enterprise Software
Fintech
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$70M
Headquarters
Tampa, Florida
Founded
2010
Find jobs on Simplify and start your career today