Erply Introduces NFC Enabled Magnetic Card Reader
Erply, one of the most promising start-ups from Estonia, provide software for small and medium-sized retailers who have physical stores. We have not covered the company for almost a year and meanwhile it has been quitely growing. From 2,000 business customers in March 2010, the company grew to 20,000 retailers who daily process over $2.5 million in transactions, according to the Wall Street Journal. Today Erply announced the launch of a magnetic credit card reader that is also NFC-enabled and is fully integrated with its existing cloud-based software. The device is priced at $50 and Erply will also charge 1.9% transaction fee, which is smaller than what its biggest competitor in the US, Square, charge their customers (2.75% per swipe).
Mini Seedcamp Copenhagen Opens For Applications
Seedcamp, the European seed investment program that originated in London has opened its Nordic Mini Seedcamp for applications. This year the Mini Seedcamp takes place in Copenhagen, Denmark 27th May 2010.
Mini Seedcamp Copenhagen is a one day event aiming to connect the 20 best web-tech, mobile and software startups with some of the leading entrepreneurs, developers, and experts from the European tech ecosystem.
Last year Seedcamp's Nordic event took place in Helsingborg, Sweden and attracted a decent line-up of startups. That said, there is definitely room for more quality applicants, not least from Finland. You can see our coverage from last year here.
iPad Solution iPOS Adds Mobility To Erply
Erply has come up with an innovative way to harness the mobility of the iPad. Erply is an Estonian company, who just last month raised 2 million dollars in funding and is trying to create an appealing solution to the sales, inventory and CRM challenges of retail SMEs.
Some time ago, Erply announced iPOS, which is essentially the ERPLY solution running on the iPad. They have a demo landing page up for the service, but it is enough to intrigue me into writing a story about it. I think this is one of the best B2B solutions/ideas out there for iPad.
Erply Raises $2 Million In Funding
Erply, an Estonian startup specialising in providing a wide range of core business services to companies, has received a whopping $2 million in funding from Redpoint, Index Ventures, Marten Mickos, Zack Urlocker, Kenny van Zant, Aydin Senkut, David McClure and the Accelerator Group. The one year old company (founded 2009) has more than 2000 business customers and 8000 users. It is currently profitable with approximately 20% growth each month, according to TechCrunch.
Test Ride With Erply
Erply has been one of my favorite companies in the Nordic and Baltic region lately. We've covered them before on their Seedcamp tour, first when they were nominated and second when they were announced one of the winners. Erply is an Estonian company that has created a Saas-based offering which enable retail shop keepers run their business. Erply enables companies to sell online, keep track of their inventory as well as billing, manage your sales pipeline, a Point-of-sales application and a lot more. I received access to their software and decided to take it out for a little test ride and see how well it performs.
Work On Your Business Model, Says Erply, Winner Of Seedcamp
Erply, one of the winners of Seedcamp, a company we covered a few weeks ago had a good experience visiting the competition. I talked to Kristjan Randma again, after they got back from London on what was the biggest take on the experience itself that others could learn from. It seems that this year, a lot of focus was being put on monetisation an business models.
Erply Only Nordic And Baltic Company In Seedcamp
Erply, an Estonian web startup, is the only company to make it to Seedcamp from the Nordics and Baltics. But what a great idea that Erply has, despite being a tiny company with only 4 employees. The company is actually working to create a single solution for small retailers and service companies to handle all their daily operations. Daily operations include everything from handling your inventory, having a digital cash register, billing and accounting software.
