London-based Embargo raises $1.1M for its digital loyalty cards
Summary
London-based Embargo is a loyalty platform and CRM system for hospitality businesses such as restaurants, bars, and coffee shops that recognise and reward customers using its pioneering technology. Currently, Embargo actively operates in the UK and Poland and has its presence in countries such as Qatar, Saudi Arabia, Portugal and Serbia. Tsewang Wangkang co-founder and CEO of Embargo, said: “The success of our latest funding round, teamed with the strength of cross-sector support we received, marks another exciting milestone for the business. As hospitality begins to recover from the pandemic, there is a bourgeoning demand for digital solutions to help coffee shops and restaurants to identify and reward loyal customers. However, the centrepiece of Embargo is its plug & play CRM system, which provides hospitality businesses with valuable insight into their customers.