PNC Announces Acquisition of Point of Sale and Payment Solutions Company, Linga

PNC Announces Acquisition of Point of Sale and Payment Solutions Company, Linga

PittsburghAnd the September 26, 2022 /PRNewswire/ – The PNC Monetary Providers Group, Inc. (NYSE: PNCRight now it has acquired Linga, some extent of sale (POS) and fee options firm that gives an industry-leading cloud-based restaurant working system. The acquisition of Linga and its expertise will additional increase PNC’s digital assets and improve the financial institution’s capabilities to higher serve its hospitality and restaurant clients.

“This acquisition displays our ongoing dedication to increasing our company fee capabilities, in addition to investing within the options and instruments our clients must run their companies extra successfully,” he stated. Emma LoftusGovernment Vice President and Head of Treasury Division, PNC. “By leveraging Linga’s proprietary options and PNC’s aggressive treasury administration platform, we can present our restaurant and retail clients with the instruments they should maintain tempo with ever-changing client expectations.”

Based in 2004, Linga developed its personal restaurant working system, Linga rOS®, which was the primary all-in-one cloud-based working system to be delivered to market. Right now, Linga stays the {industry}’s main supplier throughout the hospitality {industry}, providing eating places, retailers and others a strategy to leverage expertise to streamline their operations, improve income and enhance buyer experiences. Over time, Linga has added new performance to its working system to help the wants of at this time’s enterprise proprietor, together with on-line orders, funds, QR code-based listings, and digital kiosks, amongst others. The corporate presently serves purchasers in 48 nations and, as of at this time, will likely be seamlessly built-in into PNC’s present digital options ecosystem.

“We consider this can be a nice alternative to proceed rising our enterprise and supporting our present companions and clients, and to take action with an organization that shares our imaginative and prescient of offering revolutionary, high-quality options,” he stated. Honor HaytacLinga, founder and CEO. “Having labored with PNC for the previous a number of years, we have now had unbelievable success with our joint fee capabilities and stay up for persevering with this strategic collaboration as we transfer ahead collectively.”

Linga will retain its founder and CEO, Honor HaytacAnd its present administration group and america and Canada-Resident employees, will proceed to work outdoors Naples, Florida.And the Toronto. Linga will proceed to handle its portfolio of channel companions and clients.

About Linga

Linga is an industry-leading Level of Sale (POS) and fee answer that gives a cloud-based answer as a service to the hospitality sector, particularly eating places. Based in 2004, Linga was the primary cloud-based no-processor POS system designed particularly for the hospitality {industry}, and stays probably the most superior restaurant working programs in the marketplace. The cloud-based Linga platform is absolutely customizable and consists of user-friendly features equivalent to on-line ordering, funds, QR code-based menus, and digital kiosks, amongst others. To seek out out extra, go to www.lingaros.com.

About PNC

PNC Monetary Providers Group, Inc. One of many largest diversified monetary providers establishments in United State, organized round its clients and communities for robust relationships and to offer retail and industrial banking providers domestically together with a full vary of lending merchandise; Specialised providers for corporations and authorities companies, together with company banking, actual property finance and asset-based lending; Wealth Administration and Asset Administration. For details about PNC, go to www.pnc.com.

The media
Whitney Wilson
(214) 871-1209
[email protected]

Buyers
Brian Gill
(412) 768-4143
[email protected]

SOURCE The PNC Monetary Providers Group, Inc.

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