Sustainable platform for retailers raises funds for expansion

Quick Summary:

The Lincolnshire-based firm, which enables retailers to take ownership of their secondary markets through trade-in solutions, has already secured launch partnerships with Downtown and ToolGang.

Luke Davies, co-founder & CPO, added: “This is just the beginning.“Our goal is to make trade-ins the default option for retailers aiming to engage customers, drive revenue and lead in sustainability.

The funds come from SFC Capital with additional backing from British Business Investments and three angel investors, as the company looks to make retail more sustainable and profitable for both retailers and customers.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: Retail Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 08:18:13 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 230 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 46 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 27508914

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Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 1 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #61

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