Rooam, the first socially connected mobile payment app enabling users to pay for drinks, explore local events, and find friends at bars, lounges, and clubs, has attracted seed funding.
Rooam has raised $1.2 million in a seed funding round from several private investors. The funding will accelerate the full development of its cashless mobile payment app, support product launch initiatives, and boost its sales and marketing efforts.
As a seamless, secure, and hassle-free payment solution, Rooam aims to transform the way users pay for their drinks and have a night out, by offering real-time social media tools to discover events and pinpoint the location of friends in the area.
The app’s unique features include being able to locate friends in real time and “check out” instantly, eliminating the need to wait in line to pay.
As a one-stop mobile payment solution that can be integrated with businesses’ point-of-sale (POS) systems, without any additional hardware, Rooam completely reinvents the way people pay for their drinks, explore events, and find friends in the area.
For bars and restaurants, Rooam removes the multi-step payment process with a real-time POS-integrated mobile app, creating an efficient way to sell more drinks, in addition to providing a powerful marketing tool to help businesses increase foot traffic, generate additional revenue, and enhance customer engagement.
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