ReceiptHero Secures New Funding to Revolutionize Digital Receipts

ReceiptHero, a trailblazer in the digital receipts sector, has announced the successful completion of a new funding round to accelerate its mission of replacing paper receipts with innovative, sustainable digital solutions.

The funding round was led by angel investor Asko Schrey and supported by notable investors, including SuperHero VC, SeedX VC, LifeLine VC, other angel investors, and members of the ReceiptHero team. This marks a significant milestone in ReceiptHero's growth and expansion strategy.

Driving Sustainability and Innovation

With this new capital, ReceiptHero is set to advance its mission of eliminating paper receipts, driving environmental sustainability while enhancing the utility of transactional data. The company plans to scale its technology across more than a million payment terminals in Europe and the UK. ReceiptHero is also eyeing the US market, with pilot programs expected to launch within the next 18 months.

ReceiptHero's innovative platform transforms how merchants and consumers interact with transactional data. By adopting digital receipts, merchants benefit from cost savings and streamlined operations, while consumers enjoy personalized experiences and secure, GDPR-compliant data management. Additionally, the environmental benefits of reducing paper waste align with global sustainability goals.

Strengthening Partnerships and Scaling Impact

The company's growth strategy is underpinned by partnerships with industry leaders such as Worldline and Payone, which play a pivotal role in facilitating the adoption of digital receipt technology across diverse markets. These collaborations are crucial as ReceiptHero continues to expand its ecosystem and scale its impact globally.

ReceiptHero’s expansion comes at a time when regulatory changes across Europe are creating favorable conditions for digital receipt adoption. Countries such as Finland, Sweden, and France are implementing legislation that encourages businesses to transition to digital solutions, reflecting a broader push for environmental responsibility and technological innovation.

CEO Insights on the Journey

Saku Pihlajaniemi, CEO of ReceiptHero, reflected on the company's evolution:
"When we founded ReceiptHero over five years ago, we spent significant time educating the market about digital receipts. Fast forward to today, and we’re seeing a shift – merchants are actively seeking out our solutions and are ready with clear strategies to implement digital receipts across their stores."

This funding round signifies a new chapter for ReceiptHero, empowering the company to continue transforming transactional experiences for merchants and consumers alike while contributing to a greener future.

About ReceiptHero
ReceiptHero is a leading provider of digital receipt solutions, enabling merchants and consumers to transition from paper to digital receipts seamlessly.