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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.

  • 26,500 registered users. £440,000 spent at 212 businesses nationwide
  • VC backed by LocalGlobe, Rocket Internet, Par Equity, Kima Ventures
  • Featured by BBC, Wired, The Guardian & 2016 UK Digital Experience Awards winners
  • Forbes 30 under 30 Founder & Senior team from Skyscanner’s £1.5bn exit
Information £708,232 of the funds on the progress bar represent funds raised by the Company prior to launching the campaign. The Company has already received these funds, shares have been issued, and these funds may be spent whilst the pitch is live. Completion of the Crowdcube raise will occur on the same material terms and share price

Idea

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 Solutions like loyalty stamp cards are outdated & ineffective.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.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

Swipii has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.