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Bahraini Fintech Receiptable Secures Funding from HP Spring

The funding will fuel Receiptable's growth initiatives.

By Inc.Arabia Staff
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Bahrain-based fintech Receiptable has secured its first institutional investor in a pre-seed funding round led by HP Spring Studios and backed by Al Waha Fund of Funds and Hambro Perks.[1]

Founded in 2022 by Chris Purdie, Receiptable uses digital receipts that customers can access on their smartphones to close the data gap between banks and shops.

The funding will fuel Receiptable's growth initiatives, including talent acquisition, platform development, and expansion into Bahrain's economic landscape with its inaugural partner bank.

Receiptable simplifies digital receipt management, delivering receipts directly to customers' bank apps. The platform provides detailed spending data to banks and retailers.

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