Yavin Raises €5 Million Seed Funding to Expand Modern POS Platform Across Europe
Yavin, the Paris-based fintech startup reimagining in‑store payment systems for European merchants, has built its business around a modern point-of-sale (POS) platform and payment terminal ecosystem that combines hardware, software and integrated services for retail, hospitality and service businesses. Since its launch in 2019 by co-founders Alfred Bourély and Samuel Manassé, the company has attracted venture backing and completed multiple funding rounds to support product development and international growth.
Yavin’s most impactful financing to date was a €5 million seed investment round announced in February 2022, which followed an earlier seed round in 2021 that raised €1.2 million. The 2022 round was led by European early-stage investor Seedcamp, a London-based fund known for backing high-growth technology startups in fintech, SaaS and digital infrastructure. Joining Seedcamp in the seed round was New Wave VC, alongside a group of angel investors who saw promise in Yavin’s ambition to modernise the payments experience for merchants of all sizes.
The 2021 pre-seed round, also led by Seedcamp, featured participation from a cadre of prominent angel investors from the European fintech and startup ecosystem. These included investors such as Kima Ventures, one of Europe’s most active early-stage funds; Arthur Waller, co-founder of fintech company Pennylane; Pierre-Antoine Dusoulier, founder of iBanFirst; Thibaud Elzière, founder of eFounders; Renaud Visage, co-founder of Eventbrite; and other individual backers who brought both capital and sector expertise to the fledgling business.
Across these two funding rounds, Yavin has raised more than €6 million in total capital to date, with investment from nine distinct investor entities supporting its mission to deliver a modern payment stack for European merchants. The company’s approach combines Android-based smart terminals with a suite of services that include payment acceptance, analytics and integrations with cashier and loyalty systems, allowing merchants to accept contactless, card and QR-based payments.
Yavin’s growth has mirrored its funding trajectory. From a small team at launch, the company has expanded its workforce and product suite, reflecting increased merchant adoption and a broader ambition to serve retailers in multiple European markets. In addition to its core POS terminals, Yavin has developed a Yavin Platform designed to let partners and software vendors build payment solutions directly atop its infrastructure, reinforcing the company’s long-term goal of equipping businesses with flexible, modular payment options.
The seed funding led by Seedcamp in 2022 was a pivotal moment for Yavin, providing the resources needed to deepen product innovation and begin extending its reach beyond France into other European countries. Prior to that investment, Yavin had already gained traction with hundreds of retailers using its terminals and integrated offerings, demonstrating solid proof of concept and product market fit. With enhanced capital from both venture and angel investors, Yavin stepped into a phase of scaling, focusing on expanding partnerships and refining the capabilities of its payment terminals and software ecosystem.
Investor confidence has been rooted not only in the strength of Yavin’s technology but also in the experience of its founders. CEO Samuel Manassé came to Yavin with fintech leadership experience, while CTO Alfred Bourély brought technical expertise that helped shape Yavin’s platform architecture. This blend of business and technical leadership has been instrumental in attracting investors who see Yavin’s potential to disrupt legacy payment systems and offer merchants greater control, transparency and flexibility in how they accept payments.Looking ahead, the backing from Seedcamp, New Wave VC and a cadre of seasoned angel investors positions Yavin to continue its expansion across Europe’s diverse retail and hospitality markets. The capital raised so far has enabled product advancement, merchant onboarding and strategic partnerships, laying the groundwork for future growth. As the company evolves its platform and explores additional verticals and use cases, investor support will remain a key enabler of Yavin’s ambition to modernise point-of-sale solutions and empower merchants with next-generation payment technologies.
