Yabie

About Yabie

Yabie, a Swedish fintech company established in 2017, provides an all-in-one point-of-sale (POS) and payment solution tailored for small and medium-sized enterprises (SMEs). The company was founded by Mathias Plank, who currently serves as the CEO. Plank's background includes founding the mobile payment firm Seamless, which developed the SEQR mobile wallet, providing him with substantial experience in the payment processing industry. This expertise directly informs Yabie's strategic direction.

The company's core offering integrates card payments, mobile payments, and other payment methods into a unified, user-friendly system. Yabie's product lineup is designed to replace traditional cash registers with more versatile iPad-based solutions and mobile card terminals, catering to a wide range of businesses from restaurants and hairdressers to retail stores. This hardware is complemented by a subscription-based software service, which forms the basis of its revenue model. Clients pay a recurring fee for access to the platform, which includes features like sales reporting, analytics, and integrations with other business tools such as accounting software.

Yabie has pursued a strategy of both organic growth and strategic acquisitions to expand its market presence and technological capabilities. A notable milestone was the acquisition of Kaching, another POS provider, which enhanced its product features and market share. The company has successfully raised significant funding to fuel its expansion across Sweden and into other international markets. By bundling hardware, software, and payment processing, Yabie offers a comprehensive package that simplifies operations for merchants, allowing them to manage sales and payments through a single, cohesive platform.