Airtime Rewards

Customer Loyalty App

Deal Type
Equity Finance

Initial Investment
May 2018

Sector
Technology

Fund
NPIF Maven Equity Finance

Status
Current

Airtime Rewards is a cost free, unique retailer rewards programme, which helps members to reduce the cost of their smartphones by shopping with their favourite major UK retailers. Airtime uses a unique reward currency that can be converted into a monetary credit on a customer's mobile phone account or for additional mobile data.

Airtime has agreements in place with all of the UK’s major mobile network operators; the company’s technology has been integrated into global payment schemes such as Visa and MasterCard. In addition, Telefonica is a strategic partner and an early investor in Airtime Rewards and has also participated in this latest investment round. Airtime’s proposition benefits all parties by providing a simple and tangible way for customers to earn rewards for purchases, while enabling retailers and mobile phone operators to capitalise on increased customer spend and frequency of visit.

 

Airtime Rewards

It has been great to find an investor in our home city of Manchester which shares our vision and we are looking forward to working with Maven to take our business to the next stage.

Adam Ward, CEO of Airtime Rewards

Meet the lead executive(s)

James Darlington
James Darlington

Senior Investment Manager

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