ReceiptHero introduced new funding this week, courtesy of buyers together with SeedX VC, LifeLine VC, and SuperHero VC, in addition to angel buyers.
The quantity of the funding was not disclosed.
ReceiptHero made its Finovate debut at FinovateEurope 2020 in Berlin, Germany.
Finland-based ReceiptHero has secured new funding, the corporate reported this week. Collaborating within the spherical had been SuperHero VC, SeedX VC, LifeLine VC, in addition to angel buyers and group members. The quantity of the funding was not disclosed; previous to this week’s announcement, the corporate had raised greater than $6.2 million (€5.7 million) in complete capital.
ReceiptHero mentioned that the funding will speed up the corporate’s objective of eliminating paper receipts and creating larger worth within the information that’s obtainable from real-time receipt supply. To this finish, ReceiptHero has acknowledged that its objective is to serve greater than one million fee terminals in Europe and the U.Okay., with the primary retail pilots within the U.S. to launch inside the subsequent 12 months and a half.
“After we based ReceiptHero over 5 years in the past, we had to spend so much of time closely educating the market on what a digital receipt is,” ReceiptHero CEO Saku Pihlajaniemi mentioned. “Quick ahead to at present we see a considerable amount of retailers inquiring about our service they usually have a transparent technique on how they need to deploy digital receipts throughout their shops.”
Receipt Hero made its Finovate debut at FinovateEurope 2020 in Berlin, Germany. On the convention, the corporate confirmed how its API platform permits receipts to be created and distributed by way of a wide range of channels. Enterprise clients profit from the compatibility between digital receipts and their accounting software program. Particular person clients get not solely an enriched transaction listing of their cell banking app, but in addition the power to have that transaction information used to boost their app’s budgeting and spending instruments.
This 12 months has been an enormous partnership 12 months for the Helsinki-based agency. The corporate started 2024 by integrating with Shopify, bringing digital receipts to the e-commerce platform. In March, ReceiptHero introduced partnerships with Finnish retailer HalpaHalli, ceramics and textiles model Pentik, and cashless fee options firm CoreGo. Extra just lately, the corporate teamed up with money register and fee terminal resolution Solmio-kassa, and TuloPOS, a degree of sale and ordering system for the hospitality business.
For extra, take a look at our Finovate International interview with ReceiptHero Chief Working Officer Scott Moore.
Picture by Markus Winkler
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