It's with heavy hearts that we write today to inform you all that the investment that we had been counting on did not pan out in the end. To put it simply, the investor was not able to deposit the funds and had to pull out of the agreement. We had been preparing for this eventuality and we are currently working to put our back-up plan into action. We will provide our users with a more detailed update next week.
We apologize for the ongoing delay and we are continuing to do all we can to make sure we can make payments and secure the future of the business as soon as possible. We've put so much into the business that we can't imagine giving up now - no matter the hardships we're facing. Again, we will provide more answers in next week's email.
The ZIPZERO Team
wonder if their medium term plan was just to get bought out but companies probably don't want to spend money on a platform that requires people to upload physical recipes in a market where no one is going out and the hight street is being gutted!Nope! Updates say they were looking for investor but without any way of making money as I see it not sure how anyone will put money in.
Other companies that do this have big market research firm behind it. Shoppix is Kantar and storewards is Ourcart (Zollo social shopping). Huyu is dunnhamby limited. so big market research companies behind them. zipzero was more generous that these 3 with no market research company.
from what I've seen on social media people are still scanning and they still appear to be paying out (at least I THINK that's happening!) lolAnyone still scanning in receipts for Zipzero?
I am doing any paper ones I do have but that isn’t very often now of course most purchases are online.