Ubamarket, a London, UK-based provider of a ‘Scan-Pay-Go’ app, raised £1.25M from IW Capital.
The company intends to use the funds to accelerate its growth in the UK by continuing its technical integrations, store group launches and on-going retail roll-outs.
Founded by Will Broome, Ubamarket provides a ‘Scan-Pay-Go’ app that enables
- shoppers to enjoy an improved shopping experience, and
- retailers to save money on staffing and hardware, while engaging and understanding their customers with comprehensive data insights collected through the app.
Ubamarket is already live in a number of UK stores. Following technical integrations, store group launches, and ongoing retail roll-outs, particularly with Central Co-op, shoppers can use the company’s patented ‘Magic Shopping List®’ technology to write (and share) lists, be guided around stores, receive personalised app-only offers as they go, collect loyalty points, verify their age, tap to checkout and receive a digital receipt all on their own device.
FinSMEs
20/02/2024