
How I became a unicorn
— 6 januari 2016We call them unicorns: Fintech companies that were founded after 2000 and are now valuated at 1 billion dollars or more. Named after the mythological creature, they are just as rare. Nevertheless, we found three of them and asked how they became a unicorn. Today part the last part:
How did you become a Unicorn?
Christopher Ciabbara (Co-founder and CTO): “If you look at the strategy of our company you see we work with two important components; our strategy and innovative technology. Revel Systems was the first company in the world that made it possible to print receipts from the iPad and the first to create a system to do payments with the iPad. From the point of strategy, we are the sole company servicing middle and large businesses.”
What is it that you do better than your competitors?
“The legacy systems that are used for payments are old, slow, use outdated technology and aren’t user-friendly. With that knowledge we decided to develop our product. Entrepreneurs can start using Revel Systems in a matter of seconds; it is easy to use and the system is fast. While the rest of the market are doing marketing investments, we are investing in hard-working technicians. Besides which we developed a payment system that can be used in various industries.”
What is your vision on the market?
“We want our product to expand in the world, and at the moment we are working on expansion to Asia. The strongest part of the company are our technicians. We are growing fast, so we need to hire new people. Our biggest challenge at the moment is to hire the right talented people who fit in our company.”
Revel Systems
Established: 2010
HQ: San Francisco, United States
Founders: Lisa Falzone and Christopher Ciabarra
What it does: Revel Systems has developed an iPad Point of Sale system