Receiptable secures pre-Seed round from HP Spring Studios

Receiptable secures pre-Seed round from HP Spring Studios

Bahrain-based fintech Receiptable has raised a pre-Seed round for an unknown amount, led by HP Spring Studios, a venture fund that is backed by both the Al Waha Fund of Funds and the Hambro Perks.

Founded in 2022 by Chris Purdie, Receiptable bridges the data gap between banks and retailers through digital receipts consumers can receive on their mobile phones.

Receiptable plans to use the funds to recruit talent, build its platform, and launch with its first partner bank in Bahrain.

Press release:

Receiptable, a fintech firm that innovatively bridges the data gap between banks and retailers through digital receipts, has proudly announced its first institutional investor as part of a wider pre-seed funding round. 

The round is led by HP Spring Studios, a venture fund that is backed by both the Al Waha Fund of Funds, and the global investment firm Hambro Perks. Receiptable plans to use the funds to recruit talent, build its platform, and launch with its first partner bank in Bahrain, reflecting the country's strong economic landscape.

Receiptable is changing the way digital receipts are handled. With a focus on simplicity and innovation, Receiptable provides a seamless solution for delivering digital receipts directly to customers' bank apps. By unlocking line-level spend data