NOQ Group, a leading software provider for the events sector, proudly announces the successful closure of a £3.4 million funding round. This achievement brings the company’s total funding to £5.1 million, significantly boosting its mission to revolutionise financial operations and vendor management at events and festivals through its innovative POS and payments platform.
NOQ Group is at the forefront of transforming how festivals and events handle multiple vendors, payments, and data. The company’s platform offers seamless integration into the event ecosystem, providing features such as real-time data intelligence, vouchers, loyalty programs, multi-network payment coverage, and offline transaction capabilities. NOQ’s comprehensive suite caters to the complex needs of modern event organisers with mobile ordering through progressive web apps, advanced Kitchen Display Systems (KDS), and split revenue functionalities.
“Securing this funding is a significant milestone in our journey to develop the most efficient and seamless POS and payment solution for multi-vendor events,” said Param Kanabar, CEO of NOQ Group. “We are committed to providing event organisers with powerful tools that streamline operations and maximise revenue.”
The £3.4 million capital injection highlights the strong investor confidence in NOQ’s vision and strategy. This new funding will support the further development of NOQ’s single-currency platform and enhance its product suite, driving ongoing innovation in the events sector. The company plans to expand into new global markets and bolster its operational infrastructure.
NOQ’s insights-driven approach is supported by advanced reporting tools, including PowerBI dashboards and the NOQ Insights app. These features provide organisers with real-time data, enabling them to make informed decisions, optimise performance, and enhance the overall event experience.
A key element of NOQ’s success is its dedicated team, which acts as an extension of clients’ on-site operations. From initial setup to event execution, NOQ’s experts collaborate closely with festival and event management staff to ensure every detail is meticulously managed. This dedication to customer success has established NOQ as an essential partner for high-profile festivals and events.
NOQ’s innovative solutions have earned the trust of prominent festivals and event businesses, including Green Man Festival, National Merchandise, Black Deer Festival (JOY Concerts), On The Beach Brighton (JOY Concerts), Secret Garden Party, Foodies Festival, Peppermint Bars, Streamline Leisure, CarFest (Event Merchandising), Mint Festival, SoulTown, Brighton Pride, and Street Food Circus are among the notable events and venues leveraging NOQ’s innovative solutions. The sporting sector has also embraced NOQ’s technology, with events such as the Scottish Open (&Munch), The Open Championship (Peppermint Bars), The RBC Heritage (SERG Restaurant), and LIV Golf (Performance 54) utilising the platform to enhance their operations.
With its growing market traction, NOQ Group is well-positioned for accelerated growth. The company intends to use the latest funding to continue refining its offerings, ensuring a future where events are more connected, efficient, and profitable.
“We are at a pivotal moment in our journey,” added Param Kanabar. “This funding not only validates our progress but also sets the stage for even greater innovation and expansion. We look forward to building on this momentum as we continue to redefine the event management space.”
NOQ Group encourages partners and event organisers to engage with them and discover how their platform can enhance and transform event experiences. With new developments on the horizon, NOQ is set to push the boundaries of event management and vendor operations.
