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Swipii
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==Idea== <vimeo>535804663</vimeo> 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 Solutions like loyalty stamp cards are outdated & ineffective.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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