Belfast based company, loyalBe, has been recognised as one of the UK’s leading scale-ups in the Fintech space after being selected as one of 30 companies to join the Tech Nation Fintech 4.0 programme.
The loyalBe platform uses Open Banking technology to turn consumers’ debit cards into their oyalty card, whilst helping retailers engage with and understand their best customers.
Each year, Tech Nation selects a number of rapidly-growing companies within the Fintech industry to join the six-month programme, aimed at accelerating the growth of successful UK Scale-ups.
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On the recognition, Founder and CEO of loyalBe, Cormac Quinn, said: "We are entering an exciting phase of rapid growth at loyalBe and having access to expert mentoring, support and advice through the programme will be invaluable as we scale."
Congratulating loyalBe on being selected, Gary Davidson, Investment Lead from Tech Nation, said: “loyalBe is transforming the loyalty space for good and it’s fantastic to see a solo founder achieve so much in such a short space of time. The Fintech space in NI is thriving right now and loyalBe is at the forefront, as an outstanding example for younger founders that you can truly scale in Northern Ireland.”
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LoyalBe provides businesses with a platform to create their own data-driven, loyalty schemes in minutes, to increase customer engagement and drive repeat visits, through automated, targeted campaigns and offers. loyalBe’s technology means there is no requirement for software integrations or equipment whatsoever, enabling a frictionless customer experience through bank-linked loyalty.
The company is based in Belfast and was founded in 2018 by Cormac Quinn, becoming the first company globally to use Open Banking for loyalty and rewards.
Source: Written from press release.
