Ubamarket, a London, UK-based supplier of a Scan Pay Go’ (SPG) app, raised £800K in funding.
The spherical was led by IW Capital. This newest tranche of capital brings whole funding from IW Capital buyers to circa £4.4M.
The firm intends to make use of the funds to broaden its market place and its app growth staff as new retailers are onboarded, and to ship personalization for bigger retail group rollouts.
Led by CEO Will Broome, Ubamarket has developed a market SPG app, with a patented buying listing know-how which permits buyers to take pleasure in their buying expertise utilizing a cellular machine and offers retailers the flexibility to develop basket dimension, enhance loyalty, cut back overheads, and analyse buying knowledge.
The app is at the moment on target to go reside in a number of retail shops, with present partnerships together with SPAR, Budgens and Central Co-Op.