The restaurant management software provider, which counts PayPal among its investors, could reportedly float at a billion-dollar valuation this year.

Olo, a US-based restaurant management platform backed by payment processor PayPal, is planning to raise at least $300m in an initial public offering, a person close to the matter told Bloomberg yesterday. The IPO is expected to take place before the end of this year, and to value the company at about $1bn. It interviewed…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.