Ubamarket Raises £800K from IW Capital

Ubamarket, a London, UK-based ‘Scan Pay Go’ company, raised over £800K in additional funding.


IW Capital made the investment, which brought its total commitment to circa £5.2M.

The company will use teh funds to continue to expand operations and its business reach.

Led by Will Broome, founder and CEO, Ubamarket has developed a SPG app, with its patented technology which allows shoppers to enjoy an enhanced shopping experience, using a mobile device, and gives retailers the ability to grow basket size, increase loyalty, reduce overheads, and analyse purchasing data. 

Current partnerships include SPAR, Budgens and Central Co-Op.