Update: SwipeStation’s Latest Crowdfunding Campaign Raises More Than £515,000 During Final Week on Seedrs

 

SwipeStation, a click and collect service that allows users to create an order from anywhere in sports stadiums, has successfully secured more than £515,000 through its latest equity crowdfunding campaign on Seedrs. The funding round, which originally set out to raise £250,000, has already attracted nearly 400 Seedrs investors. The company previously raised £644,768 through its Seedrs campaign three years ago. 

As previously reportedSwipeStation is on a mission to help make bar lines shorter during sporting events. The company reported its mobile payments app differs from other apps by doing the following:

  • Does not require the internet
  • Does not require any hardware at the bar or staff training the stadiums

The company then noted:

“SwipeStation has solved the problem of queuing for a drink in a large, busy venue. We have created a unique mobile payment service aimed at stadiums, festivals, exhibitions and other mass gatherings. How are we unique?We are fast. By removing deliberation, ordering and payment from the service area, we have enabled an unskilled, untrained and inexperienced bartender to serve in just 15 seconds. We are stable. Our service does not require users to have phone connectivity – which is unreliable or non-existent in most large venues. We’ve built a mobile payment service that works in airplane mode!”

SwipeStation further noted that with more clients than any other provider, it claims to have led the charge for mobile payment in UK stadiums.

As well as a number of independent venues, our existing clients include the biggest caterers in this market: Sodexo/Centerplate, Compass and Delaware North.”

Funds from the latest Seedrs round will be used to expand the SwipeStation services. The campaign is set to close next Wednesday.

 


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