Super Payments offers a consumer-facing app that promises instant cash back on purchases when shoppers pay via Super, and delayed cash back (up to two weeks) when other payment methods are used. On the brand side, Super partners with businesses to increase sales by charging a commission on transactions and sharing part of that commission with customers. The company also offers its own no-fee payments option that, if supported by a brand, enables immediate cash-back payouts. Super positions itself as a way for brands to avoid costly customer acquisition and advertising fees by only paying commission on sales generated through the app. The startup was founded by Samir Desai in February and says it will open for business later this year; it has instigated a waitlist and early-access program for consumers and businesses. Financially, Super has secured initial funding to support its launch, having closed a £22.5 million (~$27M) funding round.

Total raised

$27M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2022