Phos

Phos is a fintech company based in Sofia, Bulgaria, founded in 2018. It specializes in developing software for contactless payments, allowing merchants to use NFC-enabled Android devices as point-of-sale (POS) terminals without the need for additional hardware. This innovative SoftPOS technology enables quick setup and integrates payment acceptance with various business applications, including loyalty programs and budgeting tools.

In March 2023, Phos was acquired by Ingenico and has raised a total of $3.76 million in funding. The company generates approximately $5.1 million in revenue and employs around 33 people. Recently, Phos partnered with PXP Financial to launch a new SoftPOS product, further expanding its offerings in the payment solutions market.