Amsterdam-based scaleup Mews has bagged $100mn in credit financing as it looks to swallow up competitors and become a market leader in SaaS software for the hospitality industry. Vista Credit Partners, the credit-investing arm of tech-focused private equity firm Vista Equity Partners, dished out the funding. Mews, based at TNW City, has built a cloud-based system that helps hotels and other hospitality businesses manage their daily operations more efficiently. It handles tasks like booking rooms, checking guests in and out, processing payments, managing housekeeping, and providing tools for reporting and analytics. The fresh funding comes just months after Mews secured…
Read Entire Article
