Rozin continued: “We are delighted to welcome the investment led by Incrementum Capital Partners into Stampfeet, which we view as further testament to our compelling business case that now is the time to create a viable and lasting alternative to physical loyalty card schemes and to set better standards for retailers. The capital from this round will be used mainly to accelerate our marketing efforts, to continue to innovate and improve the services being provided to merchants and for the release of our new technology that will include the complete basket analysis, the holy grail of customer loyalty, by the end of this year.”
Omar Ali, co-founder and Partner of Incrementum Capital Partners said: “We are very impressed by the traction Stampfeet has been able to gain in the short time it has been in operation. We believe that Stampfeet has the potential to revolutionize the customer loyalty capabilities of small to medium-sized companies and we are very excited about becoming a shareholder.”
About Incrementum Capital Partners:
Incrementum Capital Partners, headquartered in London, is a boutique consulting and private equity firm focusing on making investments in small to medium enterprises.