4 years ago

Swapi Raises £860K to Launch Loyalty E-Wallet App

  • Swapi, a London-based loyalty e-wallet platform, has secured £860,000 in pre-seed funding ahead of its launch in October 2021

  • The funding was led by Trampoline Ventures, with participation from private investors and a crowdfunding round

  • Swapi plans to use the funds to ensure its app is ready for a global rollout early next year

  • The company aims to revolutionize the retail loyalty experience by providing consumers with an all-in-one e-wallet for their payment and loyalty cards, and introducing a new currency called 'Swapi Points' that can be spent on rewards, coupons, and discounts across various retailers.

      • ProblemFinancial Services

      "traditional loyalty programs are restrictive and don't allow consumers to use their points across multiple brands"

      Solution

      "Swapi offers a more flexible loyalty system, allowing consumers to earn and redeem points across multiple brands, with a single e-wallet"

      Covered on