14.10.14

BMH BRÄUTIGAM ADVISES LEAD INVESTOR CONCARDIS IN TEN MILLION DOLLAR SERIES-B-FINANCING ROUND OF BERLIN-BASED STARTUP ORDERBIRD

BMH BRÄUTIGAM has advised ConCardis, a business venture of the German banks and saving banks and leading expert in cashless payment, on its investment into the Berlin-based startup orderbird.

With an eight-figure investment ConCardis carries the lion’s share of the startup’s Series-B-financing round. orderbird is a well-established provider of an iPad-operated point of sale system who currently counts more than 2,500 customers, has more than 50 employees and estimates a total transaction volume of around half a billion euro via its orderbird internet-platform in 2014. Apart from a successful investment ConCardis expects to expand its clientele through the collaboration by implementing its cashless payment system into the range of services offered by orderbird.