Focalpay

Focalpay is a Swedish startup offering a unique commerce platform that combines retail and payments in one infrastructure. The platform aims to break down the boundaries between payment, checkout, and backoffice processes, enabling universal checkout journeys and payment processes for customers and staff. The company's slogan, "A unique commerce platform that breaks down the boundaries between payment, checkout and backoffice processes," encapsulates its value proposition.

The platform integrates various features including checkout solutions such as Manned POS, Self checkout, Mobile POS & Scan & Go, all within the same cloud-native, web-based software. This allows for seamless movement of the virtual basket between shopping contexts, providing customers the flexibility to start, pause, share and finish their purchase in any context at any time.

Moreover, Focalpay's payment feature offers the flexibility to accept any payment method, reducing transaction costs and removing barriers between suppliers. The platform also focuses on optimizing transaction costs and payment flow through driving traffic to Pay by Bank (account-to-account) transactions.

Additionally, the Backoffice feature allows for easy and seamless management of product information and stock with real-time updates. As the backoffice, checkout, and payment are integrated within the same system, updates are instant and universal, ensuring that customers and staff see price updates immediately.

Founded in 2021, Focalpay recently secured a kr15.00M Seed Round investment on 22 March 2023 from SKEL. The company operates in the Financial Services, Fintech, and Payments industries and is headquartered in Sweden.

Overall, Focalpay's innovative platform and recent investment indicate potential for growth and disruption in the commerce and payment industry.