2 years ago

Ubamarket Secures £800,000 Investment from IW Capital

  • Ubamarket, a London-based ‘Scan Pay Go’ company, has secured an additional £800,000 in funding from IW Capital, bringing their total investment to £5.2 million

  • The funding will be used to expand operations and business reach

  • Ubamarket's SPG app, powered by patented technology, enhances the shopping experience for customers and provides retailers with tools to increase sales, loyalty, and efficiency.

      • ProblemRetail

      "Supermarkets are struggling to compete with online retailers and need to offer a more convenient and engaging shopping experience. Retailers also need to find ways to increase basket size and customer loyalty."

      Solution

      "Ubamarket has developed a 'Scan Pay Go' app that allows shoppers to scan and pay for their groceries using their mobile device, eliminating the need to queue at the checkout. The app also provides retailers with data on customer purchasing habits, allowing them to tailor promotions and offers to individual shoppers. "

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