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UAE-based Receiptable, a company specializing in digital receipt solutions and customer engagement, has announced the successful closing of a new investment round aimed at accelerating the development of its technology platform and expanding its customer support team, as part of its upcoming regional growth plans.

The funding round was led by 21 Ventures, with participation from Oraseya Capital and Angels Deck Global Ventures, alongside continued backing from Salica Investments, reflecting strong institutional confidence in the company’s vision and regional business model.

Receiptable stated that the new capital will enable the company to scale its operations across the United Arab Emirates and the wider regional markets, while further enhancing its technology offerings. The move comes amid growing demand from retailers across the Middle East and North Africa for Receiptable’s solutions, which transform traditional paper receipts into effective digital channels for customer engagement.

According to the company, the expansion will directly benefit its regional retail clients by accelerating product development requests and providing a larger, more operationally aligned customer support team. Payment service partners are also expected to benefit through expanded point-of-sale integrations and faster access to advanced digital engagement tools for their merchant networks.

Receiptable emphasized that its core mission remains unchanged: reducing reliance on paper receipts across the Gulf Cooperation Council, which are estimated to stretch nearly one million kilometers annually, and replacing them with a digital alternative that enhances retailer–customer interaction while supporting sustainability and digital transformation in the commercial sector.