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Fintech startup looking to recoup up to 100% of what consumers spend online

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FINTECH STARTUP LOOKING TO RECOUP UP TO 100% OF WHAT CONSUMERS SPEND ONLINE

21 November 2023

With 70+ partner stores throughout Europe, Tagpeak, is revolutionizing the
shopping experience by enabling customers to get back potentially up to 100% of
their online spending. The platform combines shopping and investing, offering a
dynamic reward that may grow with time, contingent on performance of the
financial markets. The better the returns, the greater the earnings for the user
– no monthly limits or additional costs.
Founded in London, Tagpeak introduced a cutting-edge shopping platform designed
to deliver high shopping cashback, which is a percentage of the purchase amount
that shoppers can reclaim. This is made possible through meticulous financial
investments made by a specialist team, strategically tailored to increase the
value of cashback.
According to Tagpeak, this investment mechanism carries no risk for the buyer,
as it is entirely financed by the seller. The recovered amount for the consumer
can range from 2% to a remarkable 100% of the initial purchase, creating a
win-win situation for consumers, sellers, and Tagpeak alike.


Users may follow transaction status and daily reward evolution in the client
area. Source: Tagpeak.com

"This presents consumers with an unprecedented opportunity to recover a
significant portion of their expenditure, without risk or additional costs.
Simultaneously, it offers brands and sellers an alternative to conventional
price discounts, potentially presenting a better way of rewarding their
customers", affirms the startup.

The underlying concept is straightforward: with every purchase made from one of
Tagpeak's partner merchants, the company receives a commission, channelling
these funds into the financial markets, typically in high-potential publicly
traded companies. Depending on the performance of these investments, the
cashback value can fluctuate.

Users have real-time visibility into this process and the flexibility to
withdraw their accrued cashback directly to their bank accounts at any time.



"USERS HAVE NO RISK WHEN USING OUR PLATFORM, AS THERE ARE NO ADDITIONAL PAYMENTS
BEYOND THE PRODUCT OR SERVICE PURCHASE PRICE," EMPHASIZES THE COMPANY.

"We are constantly looking for opportunities in global financial markets, trying
to maximise returns. Through Tagpeak, consumers automatically reap the rewards
of our investment activity. For instance, an early adopter spent €1,000 on a
smartphone and received a 40% cashback, amounting to €400, within a few weeks.",
says Luis Cabral, one of the co-founders of Tagpeak with extensive experience in
banking and financial markets.
Since 2021, Tagpeak has been offering this dynamic cashback exclusively on
smartphones and other electronics. However, the company recently decided to
expand into additional categories and to establish direct partnerships with
prominent brands such as Booking.com, Converse, Europcar, Lancôme, The Body
Shop, and others.
Tagpeak boldly asserts itself as the world's first company to invest its profits
and sharing any gains directly with its users. The startup looks to expand in
Europe and to give a positive contribution to consumer savings.

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