3.19.2024

Receiptable secures first pre-seed funding: A leap forward in fintech innovation

Today we’re delighted to be able to share a major milestone as Receiptable brings on board its first institutional investor. HP Spring Studios, a fintech-focussed venture powerhouse backed by Hambro Perks and the Al Waha Fund of Funds, becomes our first major VC backer as part of our wider pre-seed funding round.

At Receiptable, our mission has always been to bridge the gap between banks and retailers through our cutting-edge digital receipts platform. We're dedicated to simplifying processes, enhancing customer experiences, and driving sustainability in retail transactions. With HP Spring Studios' support, we're poised to take our vision to new heights.

This investment not only provides us with the resources to accelerate our growth but also validates the potential of our platform to transform the way digital receipts are handled. We're incredibly grateful for the confidence that HP Spring Studios has shown in us, and we're excited to leverage their expertise and MENA network to rapidly expand in Bahrain and beyond.

Stay tuned for more updates as we continue to innovate and deliver value to our customers and partners. Together, we're shaping the future of retail and banking

Want to read more about it? Here's some of the coverage on the investment news:

Wamda.com

Edmiddleeast.com

Startuprise.org

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