Receiptable secures funds with HP Spring Studios for fintech expansion.

March 19, 2024
1 min read



Article Summary

TLDR:

  • Fintech firm Receiptable raises funding from HP Spring Studios
  • Funding to be used for platform development, talent recruitment, and launch with partner bank in Bahrain

The Bahrain-based fintech firm Receiptable has secured funding from HP Spring Studios to enhance its platform and expand its reach. Receiptable focuses on simplifying the delivery of digital receipts to customers’ bank apps, thereby providing valuable data for both banks and retailers. With the investment from HP Spring Studios, Receiptable aims to improve the post-purchase retail experience, reduce paper waste, and drive tech innovation in Bahrain’s fintech ecosystem.

The funding will also enable Receiptable to leverage HP Spring Studio’s regional networks and expertise in banking and fintech. This strategic partnership underscores Receiptable’s commitment to revolutionizing the banking and retail experience through innovative and data-driven solutions.

In conclusion, the collaboration between Receiptable and HP Spring Studios marks a significant milestone in the evolution of fintech in Bahrain and sets the stage for future growth and innovation in the region’s digital economy.


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