Cashback app GreenJinn raises £600k via Crowdcube to ‘Get Britain Saving Again’

by Startacus Admin

GreenJinn has just launched its crowdfunding campaign on Crowdcube. They’re raising £600,000 to add new brands, shops and take their technology to the next level.
Launched in October 2016, GreenJinn App provides personalised cashback coupons on everyday groceries. GreenJinn believes that everybody should be able to afford good quality products and nutritious food.
Within its first year, GreenJinn has already attracted over 40,000 UK shoppers and aims to be the go-to app for saving money on groceries. Currently two of the UK’s biggest supermarkets, Sainsbury’s and Waitrose, are featured on the app and the team plans to add one other major UK supermarket chain straight after the crowdfunding campaign.
GreenJinn Crowdcube pitch video
In regards to their crowdfunding campaign and the future of the company, GreenJinn CEO Giuseppe Licari commented: “We consider our early users as GreenJinn’s ‘founders’ and we are happy to involve them at this important stage, together with new enthusiasts. GreenJinn is the only cashback app on market actively promoting healthy living and developing personalisation. We aim to offer our users their best fit in terms of coupon selection, timing and convenience. Only what you like, when you need it. We’re confident that with a successful crowdfunding round, we can make this a reality… we have our community with us!”.
In less than 24 hours since the campaign went public, 66 ‘crowd’ investors have already backed the campaign, ranging from university students and families to CEO’s, executives and professionals such as Guerrino De Luca (former Logitech CEO and SVP Marketing at Apple). The largest single investment to date is £100.000. The average investment size is £2,035 and the smallest amount invested is £10.
Capital raised from the campaign will be used to add new supermarkets (both offline and online), add more brands and improve the personalisation system on the app in order to skyrocket the mobile coupon revolution.
You can see the GreenJinn pitch here
Please remember that investments of this nature carry risks to your capital as well as potential rewards so you should read the full pitch and associated risk warning to ensure you #InvestAware.
Press Release published on Startacus
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Whirli is an innovative toy subscription service providing you with access to a huge ever-changing toy box

If, like many of us you're working from home at the moment, here are a few basic tips to help you do just that - in comfort

The award winning Lloyds Lab incubator is back and is currently seeking innovative startups to join its latest cohort, Cohort 6.

The f:Entrepreneur ‘#ialso100’ campaign that's showcasing the inspirational female entrepreneurs who are running small businesses and supporting their communities

Bankhouse Media, the leading full-service digital marketing agency expands its offering and sets up a Belfast base in Glandore

Leading event marketplace, Feast It secures major funding boost to assist with its expansion to full event planning and also further grow its virtual events offering

The London-based fintech innovator, PayDashboard, receives Innovate UK Funding to support its growth in the financial wellness space

Manna is an innovative Irish startup that's on a mission to use commercial drones and make 3-minute delivery within the community a reality

Reboxed is a Brixton-based sustainable commerce startup that's created a smarter, safer, more sustainable way to buy and sell your tech

Planning a marketing campaign for your business for the year ahead? These tips will help you ensure that it's a success
Published on: 18th September 2017
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- Innovative InsurTech startups take note - Lloyds Lab wants to hear from you 14th Jan 2021 The award winning Lloyds Lab incubator is back and is currently seeking innovative startups to join its latest cohort, Cohort 6.
- Female Entrepreneurs Powering Economy and Communities Celebrated 13th Jan 2021 The f:Entrepreneur ‘#ialso100’ campaign that's showcasing the inspirational female entrepreneurs who are running small businesses and supporting their communities
- PayDashboard secures funding boost for its innovative payslip platform 12th Jan 2021 The London-based fintech innovator, PayDashboard, receives Innovate UK Funding to support its growth in the financial wellness space
- The Wild Curl crowdfunds to fight against hair discrimination 21st Dec 2020 The Wild Curl launches crowdfunding campaign to help with its mission of disrupting the beauty industry and fighting against continuous hair discrimination