CheckRewards Receives $1.2M in Funding

Mitgo Group
Alexander Bachmannn, CEO – Mitgo Group (Photo: Business Wire)

CheckRewards, a Dubai, United Arab Emirates-based provider of a cashback service, received a $1.2M in funding from Mitgo Group.

Mitgo Group is a Germany-based technology company focused on providing innovative solutions and promoting entrepreneurship.

Along with financial backing, Mitgo Group will provide wide-reaching networking opportunities and regional expertise, reflecting both the potential of CheckRewards and Mitgo Group’s dedication to fostering innovative tech businesses.

Led by Artem Ostapenko, CEO, CheckRewards provides a cashback service which leverages machine learning technology to offer access to promotions, cashback rewards for everyday purchases and receipt scans, as well as expenditure tracking to help users manage their finances.

CheckRewards has already launched Android and iOS apps in the UAE. Future expansion plans include finding investment partners to enter Saudi Arabia and other key MENA countries.

FinSMEs

27/11/2023