# wizarPOS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wizarpos

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.wizarpos.com
- Latest round: Series A (Aug 26, 2014)
- Investors on record: 1

## About

wizarPOS is a technology company that specializes in Android-based point-of-sale systems and payment solutions to streamline transaction processes for various retail environments.wizarPOS develops innovative Android-based point-of-sale (POS) systems and solutions. Founded by Haiqing Jin and Kaishen Zhu, the company has established its headquarters in Shanghai, China. In August 2014, wizarPOS secured Series A financing from Meridian Capital. The company has made a single deal to date and continues to focus on enhancing its offerings.WizarPOS specializes in Android-based point-of-sale (POS) systems and payment solutions, offering a range of products designed to enhance transaction efficiency in various retail environments. Their core product offerings include rugged mobile POS devices, PIN on Glass terminals, and integrated payment solutions that cater to both in-person and unattended transactions. These products are engineered to facilitate secure and swift payment processing, catering to diverse end users such as retailers, restaurants, and service providers across multiple sectors. WizarPOS products are deployed in over 100 countries, including major markets in North America, Europe, and Asia, addressing the evolving needs of businesses transitioning to cashless operations. The company has established itself by launching pioneering innovations, such as the world’s first Android-based POS terminal in 2013 and a suite of SaaS solutions for smart retail and catering.WizarPOS generates revenue through partnerships with distributors and value-added resellers, facilitating the sale of its POS systems and associated software solutions. The revenue structure primarily comprises B2B transactions, where retailers and service providers purchase devices and software subscriptions to enhance their payment operations. Clients benefit from a comprehensive service model that includes over-the-air terminal management and end-to-end solutions for customer relationship management (CRM) and enterprise resource planning (ERP). The company’s flagship offerings, such as the rugged mobile POS and the PIN on Glass terminals, are integral in achieving ongoing revenue through product sales and subscription-based services, creating sustainable cash flow as businesses increasingly turn to integrated payment solutions.WizarPOS plans to leverage its recent funding from the Series A financing in August 2014 to enhance its product development and market reach. Upcoming innovations include new mobile POS solutions aimed to improve customer engagement, expected to launch in 2025. Additionally, the company is targeting expansion into the South American and African markets by 2026 to meet the growing demand for cashless payment solutions in these regions.

## Funding rounds

- Series A, Aug 26, 2014 — Meridian Capital

## Investors

- Meridian Capital — Series A