InvestmentRetail

Retail disrupterhas secured£1.3million in new debt financing from Flashpoint Venture Debt.

The London firmhelps transform retail stores from simple point of sale, into multi-purpose centres that deliver a personalised in-store customer experience and omnichannel sales, as well as serve as customer acquisition and remote selling channels.

Itachievesthis by deploying built-for-purpose modular in-store digital platform that connects stores to eCommerce and other systems, such as OMS, PIM and CRM.

Thecompany’s in-store solutions are operated by store associates, or self-served by customers,and alsoreveal a rich pool of in-store customerbehaviourdata that can be leveraged in other channels.

Mercaux’sclients includeStadium Goods,Dufry, Holland & Barrett and TENDAM (formerly theCortifielGroup), operating in more than 1,000 stores across the world.

Mercaux

Founder and CEOOlgaKotsursaid:“What Shopify is foreCommerce,Mercauxis for physical stores.

“The pandemic-led increase in exposure to the benefits of digital shopping naturally resulted in the need to re-think the role of the stores and reposition them as a complementary, rather than competing channel to online.

“The subsequent increase in demand for retailers to digitise the store has resulted in high levels of interest towards the space, in a very short period of time.”