Poynt Raises $100 Million Series C Funding Round

Poynt, the groundbreaking point of sale developer, has announced a Series C funding round of $100 million this week. Funding partners include strategic partners Elavon, the fifth-largest bank in the US, and National Australia Bank, Australia’s largest business bank.

Poynt has re-imagined the payment terminal into a connected, multi-purpose device that runs third-party apps. Since day one, Poynt has partnered with Bould Design to define the industrial design for their products including the original Smart Terminal and the Poynt 5 handheld payments solution. The Smart Terminal incorporates the latest payment and security technology in a singular, highly pragmatic form factor. The sleek, sculptural shape also encloses a thermal printer and paper roll for receipts. The Poynt5, which recently won a Red Dot Design Award, takes all the same technology and integrates it into a smaller handheld form factor, enabling truly mobile payments.

Read about it on:
Poynt Press Release
TechCrunch
Bloomberg
The Australian Financial Review

Bould Design Wins Eight Red Dot 2018 Product Design Awards

Bould Design has been recognized with eight Red Dot 2018 Product Design Awards for designs including the Light L16 computational camera, Eero Home WiFi System, Rylo 360 camera, Roku Ultra, Roku Express+, and Roku Streaming Stick+ streaming devices, Hunter Douglas PowerView Hub Kit, and Poynt 5 payment terminal. The studio's focus on function, simplicity, quality, and character continues to deliver outstanding results for clients across a wide variety of product categories.

The Red Dot Award: Product Design has roots dating back as far as 1955 and determines the best products created each year. In 2018, designers and manufacturers from 59 countries submitted more than 6,300 objects to the competition. True to the motto “In search of good design and innovation”, a jury comprising roughly 40 members assessed the products individually based on the original. The strict judging criteria, which include level of innovation, functionality, formal quality, ergonomics and durability, provide a frame of reference which the jurors then complement with their own expertise.