Receipt Buy App “ONE” Secures Funding from Giftee and Daybreak Capital to Speed up Growth of Receipt Enterprise – BRIDGE

On the eleventh, WED, which affords advertising providers using receipt knowledge, introduced it has secured funding from Giftee and Daybreak Capital. Whereas the quantity stays undisclosed, the funds shall be allotted to product growth and strengthening the gross sales infrastructure to speed up the expansion of its core receipt enterprise.

WED operates an information answer via the receipt buy app “ONE“, accumulating buying knowledge from customers and offering it to corporations for advertising and product growth. For the reason that launch of the service in 2018, it has surpassed 6 million downloads and bought over 1 billion receipts.

Customers can ship photographs of receipts to obtain a purchase order value of at the very least 1 yen, with some circumstances providing cashback of a number of tens to a whole lot of yen. Customers may also profit from “ONE Mall,” which supplies cashback for on-line purchasing.

The corporate analyzes receipt data collected via its proprietary OCR know-how, providing cross-distribution buying knowledge to corporations. It helps a variety of promoting actions, together with gross sales promotion and distribution help for client items producers, buyer evaluation, aggressive evaluation, and technique planning utilizing receipt buy knowledge. The corporate can be increasing its knowledge utilization to help native authorities initiatives geared toward revitalizing regional economies and selling tourism.

With this funding spherical, WED plans to deepen its collaboration with Giftee, which operates an e-gift platform. By combining Giftee’s company and municipal community with WED’s buying knowledge, they intention to collectively develop superior advertising methods instantly linked to outcomes and new providers that improve client buying experiences.

The funds shall be used for product function enlargement, UI/UX enhancements, enhancement of knowledge options, and strengthening recruitment, significantly for engineering and gross sales positions. WED is dedicated to exploring additional utilization areas for receipt knowledge, beneath the imaginative and prescient of making “a world the place spending cash is thrilling.”

Based in 2016, the corporate underwent a management change in 2024. Beneath the brand new administration, it goals to stabilize enterprise money stream and, with this funding, steer in the direction of the following stage of development.

through PR TIMES