5 years ago

Swipii Secures £1 Million Funding to Expand Cashback App

  • Swipii, a Glasgow-based cashback app, has secured £1 million in funding led by Par Equity

  • The company plans to use the funds for product development, launching new features for its business customers and expanding to new towns and cities

  • Swipii allows consumers to earn cashback by linking their bank payment card to the app and making purchases at participating retailers.

      • ProblemTechnology

      "Businesses are struggling to attract and retain customers in a competitive market, especially local businesses. Consumers are constantly looking for ways to save money and get the most value for their spending. "

      Solution

      "Swipii solves this by offering a cashback app that allows consumers to earn money back on their purchases at participating businesses. Businesses benefit from increased customer loyalty and foot traffic, while consumers get rewarded for their spending. This creates a win-win situation for both parties."

      Covered on