RewardLoop raises USD1 million for QR code reward points

QR code receipt loyalty points

RewardLoop has snagged USD1 million in a funding round led by Madrona Venture Group. The company provides merchants with point of sale devices that they can use to print QR codes onto receipts that customers can then scan to score in-store loyalty points and claim offers. The Vancouver-based company says it will use the funding to expand its network of merchants after deploying a number of successful pilot schemes.

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