SBT makes first UK investment in Red Zebra

Red Zebra, which operates a loyalty platform, will use the series-A funding to expand its reach to more customers, banks and merchants. 

The deal value is understood to stand at less than £5m. 

SBT Venture Capital launched in November 2013 with $100m. Established by Russian bank Sberbank, which will explore new technology for banks such as cloud computing, mobile payments and personalised online banking via its new R&D centre, the vehicle is focused solely on financial technology companies.

Company
Founded in 2011 and based in London, Red Zebra is a loyalty platform that presents users with discount offers based on their spending habits. Users view relevant discounts via their online banking platforms and are able to redeem offers by using their bank cards to pay for deals. Rewards are paid in retrospective cashback once a month. 

People
Matteo Rizzi is a partner at SBT.  

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• UK / Ireland
• Technology
• Expansion
• United Kingdom