Par Equity backs cashback developer Swipii with £1m

Cashback app Swipii has secured £1 million from Scottish private equity company Par Equity, which is an existing investor in the business.

Glasgow-based Swipii aims to be the simplest way for consumers to earn cashback as they shop. Once a shopper has securely linked their bank payment card to the app, they automatically earn cashback every time they pay with that card in a participating retailer. There is no need to scan codes or carry multiple reward cards.

Read more HERE.