← Embedded Finance Index 2026

GASTROFIX

“Can Lightspeed convert a compliance-heavy DACH hospitality POS install base into an embedded payments + capital annuity?”

Founded2011
HQBerlin, Germany
Total raised~$23M (pre-acquisition)
Latest roundAcquired by Lightspeed Commerce (Jan 2020, ~$100.8M)
Valuation~$100.8M acquisition price
IndustryVertical SaaS / Restaurants
The story

Gastrofix was founded in Berlin in 2011 as an iPad-native cloud POS for German-speaking hospitality (restaurants, bars, hotels), specializing in TSE/RKSV fiscal compliance for DE and AT. After raising a €15M Series B in 2017 to expand internationally, it was acquired by Canadian POS platform Lightspeed Commerce in January 2020 for ~$100.8M, and has since been rebranded as Lightspeed Restaurant G-Series. Post-acquisition, the product picked up Lightspeed's embedded finance stack — Lightspeed Payments (acquiring) and Lightspeed Capital (revenue-based lending) — making Gastrofix the DACH beachhead for Lightspeed's embedded finance strategy in hospitality.

Last 12 months
—
Product timeline
2011
Gastrofix founded in Berlin as iPad-based cloud POS for hospitality.· pivot
2017
€15M Series B from Radeberger and Endeit Capital to fund international expansion.· pivot
2020
Acquired by Lightspeed Commerce for ~$100.8M; becomes Lightspeed Restaurant G-Series in DACH.· acquisition
2021
Lightspeed Payments rolled out to German Gastrofix customers via integrated Verifone terminals.· banking
2022
Lightspeed Capital (revenue-based financing) made available to Gastrofix merchants.· lending
The stack
3 layers disclosed in GASTROFIX’s embedded-finance stack
Payments / PSP
Lightspeed PaymentsSumUp
Lending
in the full report
Accounting
in the full report
Accounting gap: minor
5 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.