Shop local, get cashback. Swipii is the marketing tool for local businesses designed to maximise revenue using big brand tech without big brand prices. For shoppers it is the easiest way to save money on spend with your everyday bank card. LocalGlobe-backed, Europe’s Top 100 Disruptive startups.
For every £10 you spend with a local business, up to £50 more goes into your local economy through re-spend. The problem is, local brick and mortars can operate decades behind online business & big corporations. Often, these businesses have no data, tools, or time to engage customers. Solutions like loyalty stamp cards are outdated & ineffective.
That’s why we're aiming to build the world’s largest local marketplace, with passion for putting local businesses on a level playing field with big brands. For consumers, Swipii is a seamless cashback app that helps them save money at businesses in their area, paying with their normal bank card. For businesses, it's the marketing tool that helps them reach & reward customers and refocus on running their business.
Despite lockdowns, 33% of Swipii users made >1 cashback transaction each month in 2020 and our personalised offer engine helped businesses increase avg. Swipii user spend by 16%. In the lead up to Eat Out to Help Out, we saw 160%+ MoM growth in app installs (June-July 2020), giving indication of the growth opportunities available as restrictions ease.
With a global cashback market size of £60bn & growing, Swipii intends to lead the growth in this trend, and help people save money through tough economic times. We’re raising investment to scale up user & business acquisition in new cities in the UK before international expansion.