INSUBCONTINENT EXCLUSIVE:
in 2021 to focus on his new startup, Tebi.Now an Amsterdam-based fintech startup with 35 employees, Tebi helps restaurants, bars and other
hospitality businesses manage their operations with an all-in-one subscription-based platform that can handle payments, reservations,
inventory, and more.This means that Tebi has a wealth of competitors, from POS systems to reservation platforms and analytics-driven
solutions for inventory optimization
But it hopes to have an advantage by tying this all together with enterprise-level functionalities and pricing.To a casual observer, this
appears as something that Adyen could have done
But given its focus on enterprise, building a product for SMBs was better done on the outside, Schuijff said
Nor was it meant to find a new role for Schuijff, who had stayed in his CTO role after the 2018 IPO that made him a billionaire, at least on
During COVID lockdown, Schuijff decided to revisit his attempt to make it easier for his favorite bar to handle value-added tax (VAT) and
other reporting hassles.On a tech level, this was similar to the accounting platform he built for Adyen, and before that, for Bibit, which
then RBS-owned Worldpay acquired in 2004
But by 2020, Schuijff had more tools at his disposal
But more generally, he saw the need for less manual reconciliation work
Pieter van der Does he would leave to focus on Tebi full-time
using a hyperlocal deployment approach Tebi is now available across the Netherlands, where it says merchants are already processing nine
figures of payments annually on the platform
With open roles in Amsterdam and London and plans to double its headcount by the end of the year, its next step is to start serving the U.K
investor who also has Europe on his radar
He recently led a deal into Belgian startup Odoo, which joined a portfolio that already includes Monzo and Pennylane
Tebi and Alphabet properties such as Android, Gemini, Google Cloud, and Google Maps
It will also let it add more AI features, in addition to what it already implemented for onboarding to automatically pull menu, visual
identity, and reservation settings
expansion is in the cards.
