Shoppiday is a cash back platform where consumers earn cash as a percentage of their purchases, both online and in local stores. It has channelled £1m+ in gross merchandise and over 20k transactions in its first year. The company is backed by local business angels, and now it seeks funding to optimise the platform, invest in marketing and expand internationally.
Shoppiday is a cash back platform where consumers earn cash as a percentage of their purchases, both online and in local stores.
The process is simple: to shop online, go to Shoppiday, click on the brand of your choice and go to its website to buy the item you want. With the browser extension, you can activate your cash back without going first to our site. To shop at local stores, choose the store and pay with the app. In both cases, you earn cash that can be transferred to your bank account or used to do further payments in the app.
We believe many consumers are exhausted of push emails with discounts on specific items and closed loyalty programs. We change the game offering: freedom (all the products at hundreds of stores) and cash (no points, real money), having the same experience as going directly to the store.
We share with the customer the commission charged to the store.
The e-commerce market in Spain is €20bn growing more than 20% per year. The size of local merchants market in Spain is much higher (€210bn).
Shoppiday started in 2017 with the merge of 3 businesses focused on loyalty tools, mobile payment and cash back.
In the first year we have reached £1m+ in gross merchandise value, 20k transactions, 18k registered users and we partner with 650 online stores and 900 local merchants (restaurants and beauty saloons) in the main cities of Spain. We also ran a TV campaign.