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Payment startup Sunday acquires Canadian counterpart Chk Plz

The company said it will lean on Chk Plz's expertise to add new features.
Sunday QR code payment
Sunday uses QR codes to enable fast restaurant payments. / Photograph courtesy of Sunday

Restaurant payment startup Sunday is acquiring Chk Plz, a Canadian company that offers a similar product.

Both use QR codes to enable fast, contactless payment at restaurants. But Chk Plz also has at-table ordering and online ordering, features that Sunday appears to be looking to add. 

The company said the deal is "foresight into future market demand" and that the Chk Plz team will "play a key role in the future technological development" of Sunday.

Terms of the deal were not disclosed.

Chk Plz works with about 300 restaurants in Quebec and will be integrated into Sunday as the company's Canadian branch. More than 1,500 restaurants have signed up with Sunday, which launched in April behind a $24 million seed round. It raised another $100 million in September. 

The deal is the latest example of tech consolidation in the restaurant industry. Earlier this week, Popmenu acquired OrderNerd and Fiserv bought BentoBox, both in an effort expand their offerings for restaurants.

Atlanta-based Sunday said its product yields larger tickets, faster table turns and bigger tips. Its goal is to become a global business-to-consumer brand along the lines of PayPal or Venmo, with a consumer app that would enable even faster payments.

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