About Magnetto
Magnetto is a company based in London (United Kingdom) founded in 2019. Magnetto has raised $248.44 thousand across 1 funding round. Magnetto operates in a competitive market with competitors including ITAB, MishiPay, Jisp, Ubamarket and izipoint, among others.
- Headquarter London, United Kingdom
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Magnetto International Limited
- Date of Incorporation 30 Apr, 2019
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$248.44 K (USD)
in 1 rounds
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Latest Funding Round
$248.44 K (USD), Seed
Jul 25, 2021
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Investors
Not available
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Employee Count
Not available
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People of Magnetto
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Funding Insights of Magnetto
Magnetto has successfully raised a total of $248.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $248.44 thousand completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by Magnetto
Investment portfolio details for Magnetto
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Financial Statements - Magnetto
Detailed financials for Magnetto
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Magnetto Comparisons
Peer comparison for Magnetto
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Competitors of Magnetto
Magnetto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ITAB, MishiPay, Jisp, Ubamarket and izipoint, among others.
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Self-checkout solutions are provided for retail businesses worldwide.
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Mobile self-checkout solutions are offered to consumers via app.
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Mobile app providing vouchers, rewards, and discounts for in-store shopping.
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Mobile app-based self-checkout is provided for retail industries.
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Provides self-service kiosk solutions tailored for businesses.
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Detailed competitors of Magnetto
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Latest news on Magnetto
Complete news archive for Magnetto
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Frequently Asked Questions about Magnetto
Magnetto was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Magnetto is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Magnetto is a funded company, having raised a total of $248.44K across 1 funding round to date.
Magnetto was founded in 2019 in London, United Kingdom, as a platform in the retail technology sector. Mobile applications are utilized by customers to scan products, add items to a virtual cart, and complete payments through Mastercard, Visa, Apple Pay, or Google Pay. Access to stores is managed via automatic wickets after transactions, facilitating efficient self-service operations for participating retailers.