3 years ago

Ubamarket Raises £800K for Scan Pay Go App Expansion

  • Ubamarket, a London-based Scan Pay Go (SPG) app provider, secured £800,000 in funding led by IW Capital

  • This brings the total funding from IW Capital investors to approximately £4.4 million

  • The company plans to use the funds for market expansion, app development, and personalization for larger retail group rollouts

  • Ubamarket's patented shopping list technology allows shoppers to use their mobile devices for shopping and offers retailers insights for increased basket size, loyalty, and data analysis

  • The app is set to launch in several retail stores, including partnerships with SPAR, Budgens, and Central Co-Op.

      • ProblemTechnology

      "Ubamarket aims to enhance the shopping experience by providing a Scan Pay Go app that allows shoppers to use their mobile devices for a seamless shopping journey, which includes a patented shopping list technology."

      Solution

      "Ubamarket offers a Scan Pay Go app that enables shoppers to use their mobile devices for shopping, providing a patented shopping list technology and enhancing the overall shopping experience."

      Covered on