We are excited to share that Club Members, Loyalize, have successfully raised £250K in their pre-seed round. Loyalize are a leading white label engagement platform that combines payment and loyalty into a single transaction. David John, the founder, created the business with the aim to revolutionise the loyalty space- whereas before we were endlessly tapping plastic loyalty cards, Loyalize was born to connect bank cards with loyalty cards through a single API integration, streamlining the process.
The round was backed by fund investors SFC Capital and angel investors. The investment will allow for technological development with a focus on open banking and also team expansion. Congratulations to David and the rest of the team for this momentous achievement. In his own words:
“Closing this pre-seed round is a significant milestone for us, even more so during a pandemic. It means we can ramp up our development efforts and start working on some exciting projects that we have planned for the rest of the year. Loyalty, and certainly payments, is such a vibrant space right now – experiencing huge levels of growth – and I’m looking forward to rolling out a number of propositions over the coming months.”