Cashback app Swipii crowdfunds to boost local network

Cashback app Swipii has launched its first crowdfund as it seeks to quadruple its business network to help power the ‘Shop Local’ recovery.

Hosted by Crowdcube, Swipii is seeking to raise £750,000 to accelerate expansion plans and extend the number of local businesses it supports.

Founded by Louis Schena and Chitresh Sharma the cashback app has attracted more than £3 million from LocalGlobe, Rocket Internet, Kima Ventures and Par Equity as it seeks to give local businesses the marketing and data tools to compete with larger online entities.

Read more HERE.