Ecosystem Radar

myPOS Expands in France with Acquisition of Toporder

Forbes Bulgaria reports that Bulgarian-founded fintech myPOS has acquired Toporder, a French provider of point-of-sale (POS) software. The move marks myPOS’s first acquisition and strengthens its presence in France’s retail, food, and beverage sectors while reinforcing Bulgaria’s role as a fintech innovation hub.

FTS Insights official • myPOS’s acquisition of Toporder reflects a broader evolution across European tech ecosystems. Increasingly, growth is driven by strategic consolidation and cross-border integration rather than isolated national expansion. For emerging ecosystems, proximity to larger markets is no longer just about access, but about embedding into value chains, infrastructure, and long-term partnerships.

Key Takeways
  • Cross-border acquisitions are becoming a core growth strategy for European scaleups.
  • Bulgaria continues to produce companies capable of expanding into major Western European markets.
  • Fintech and digital commerce infrastructure remain structurally strong sectors across Europe.
Why this matters
  • Demonstrates increasing two-way technology integration between Bulgarian and French tech ecosystems.
  • Highlights how Bulgarian-founded scaleups are expanding through strategic acquisitions in mature Western European markets.
  • Reinforces fintech as one of the strongest cross-border innovation sectors between France and Southeast Europe.
  • Signals growing importance of integrated digital commerce and payment infrastructure across European SMEs.
  • Shows how cross-border growth is increasingly driven by technology consolidation rather than organic expansion alone.

ORIGINAL ARTICLE

January 21, 2025

myPOS придоби френската компания Toporder

by Forbes България

Read coverage on Forbes Bulgaria

“France is one of the most dynamic markets, and this acquisition helps us offer top-tier technology to support our clients' growth."

– Mario Shilyashki, CEO of myPOS

Article Summary

In a significant step toward European expansion, myPOS, the Bulgarian-founded fintech platform, has acquired Toporder, a French company specializing in integrated point-of-sale (POS) solutions. The acquisition is aimed at strengthening myPOS’s foothold in the French retail, food, and beverage sectors, according to a report by Forbes Bulgaria.

Toporder, founded in 2019 in Lyon, serves over 700 clients across France with a POS platform that integrates inventory management, accounting, customer analytics, and more. By incorporating Toporder’s technology, myPOS aims to offer a full-stack solution that improves operational efficiency and delivers actionable insights for small and medium-sized enterprises (SMEs).

The acquisition marks myPOS’s first-ever M&A deal, following strong growth in 2024. The company saw a 30% increase in total transaction volume, reaching nearly €14 billion. Online payments grew by 40%, and the merchant base expanded by 42% across Europe. In Bulgaria alone, transaction volume jumped by 63%, with the number of local merchants rising to nearly 15,000.

CEO Mario Shilyashki emphasized that this move supports myPOS’s mission to deliver time- and cost-saving tools for merchants, helping them focus on growing their businesses. He also noted that Bulgaria remains a core innovation and talent hub, with 130 of the 200 planned hires for 2025 expected to be based in Sofia and Varna.

Backed by Advent International since 2024, with an estimated valuation of €500 million, myPOS is now positioning itself as a consolidated leader in cashless payment solutions for SMEs throughout Europe.

Key Highlights

  • myPOS has acquired French POS software firm Toporder, expanding its presence in the French retail, food, and beverage sectors.
  • The acquisition is myPOS’s first, reflecting an ambitious European growth strategy backed by Advent International.
  • Toporder serves over 700 clients in France, offering advanced POS systems with inventory, accounting, and analytics tools.
  • Bulgaria remains a key innovation hub for myPOS, with major talent centers in Sofia and Varna contributing to its European leadership.

Takeaway

This acquisition reinforces myPOS’s evolution from a regional fintech into a pan-European player. By entering the French POS software market with an established and localized product, the company gains instant traction in a highly competitive sector.

More importantly, the move showcases Bulgaria's growing role in global fintech — not just as a birthplace of innovation, but as a long-term base for scaling and talent development. With over 130 new hires planned in Bulgaria, the country continues to act as the engine behind myPOS’s European momentum.

Read full the coverage on Forbes Bulgaria(bg)

About Forbes Bulgaria

ForbesBulgaria.com is the Bulgarian edition of Forbes, offering stories of entrepreneurship, leadership, innovation, and business success both locally and globally.

https://forbesbulgaria.com/

Forbes Bulgaria

They are mentioned in this publication

myPOS

myPOS is an award-winning fintech company, providing an all-in-one business platform with everything you need to accept in-person, online and mobile payments.

Toporder

Toporder is a leading brand in the field of cash registers, offering a comprehensive platform for businesses. By centralizing your actions, Toporder allows you to save time and enhance the performance of your business.

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Forbes Bulgaria / Forbes Bulgaria reports that Bulgarian-founded fintech myPOS has acquired Toporder, a French provider of point-of-sale (POS) software. The move marks myPOS’s first acquisition and strengthens its presence in France’s retail, food, and beverage sectors while reinforcing Bulgaria’s role as a fintech innovation hub.