Tebi
“Can Adyen's co-founder rebuild hospitality operations from the payments rails up, replacing the fragmented SMB POS/reservations/inventory stack with one connected system?”
Founded2021
HQAmsterdam, Netherlands
FoundersArnout Schuijff, Rob Vonk
Total raised€56M
Latest roundSeries B, 2025
IndustryVertical SaaS / Restaurants
The story
Founded 2021 by Adyen co-founder Arnout Schuijff after his 2021 departure from the $61B Dutch payments giant. Started as a POS pet project for a friend's Amsterdam bar, evolved into an all-in-one hospitality operating system for SMB restaurants, cafés and bars across Europe. Strategic positioning: take Adyen-grade payments infrastructure that was previously enterprise-only and package it for independent hospitality operators, with accounting as the backbone and payments embedded throughout.
Product timeline
2021
Tebi founded by ex-Adyen co-founder Arnout Schuijff and former Adyen EVP Rob Vonk in Amsterdam· pivot
2024
€20M Series A led by Index Ventures; launched mobile-first hospitality platform with POS, payments, reservations, inventory, bookkeeping· banking
2025
€30M Series B led by Alphabet's CapitalG, bringing total funding to €56M· banking
The stack
3 layers disclosed in Tebi’s embedded-finance stack
Payments / PSP
Unified APIs
in the full report
Accounting
in the full report
Accounting gap: minor
8 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.