HomeFranceWynd Raises €72M in Funding

Wynd Raises €72M in Funding

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wyndWynd, a Paris, France-based SaaS omnichannel management platform for stores, raised €72m in funding.

Backers included Natixis Payments, the international corporate and investment banking, asset management, insurance and financial services arm of Groupe
BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and
Caisse d’Epargne, alongside several other investors.

The company intends to use the funds to hire talent to support international growth goals, step up development of its artificial intelligence modules and make investment in R&D.

Founded in 2014 by Ismaël Ould, Wynd provides a SaaS based omni-channel platform that enables unified management of order cashing, orchestration and order picking in the physical and digital worlds. The solution gathers more than 3,500 functionalities, distributed in several large modules (OMS, PIM, Picking, Cashing, IA).
The company employs over 400 experts (including 200 R & D engineers) and works with a hundred clients.

Natixis Payments and Wynd are also signing a strategic partnership to design a solution enabling retailers to manage point-of-sale operations, payment and orders, regardless of the channel consumers use to purchase their products. To this end, the two companies are combining their respective areas of expertise in payment, point-of-sale technology and logistics.

FinSMEs

28/01/2019

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