Tillo has secured a significant investment from European technology investor Tenzing, aimed at driving growth and expanding its digital gift card marketplace in the UK and US.
Information on the Target
Tillo is a UK-based B2B marketplace specializing in digital gift cards, rewards, and incentives. Since its founding in 2016 by CEO Alex Preece, Tillo has established itself as a leader in the rewards and incentives sector, providing a best-in-class API that seamlessly connects businesses to over 3,000 global brands. With a strong emphasis on efficiency and profitability, Tillo aims to simplify the gift card process for businesses and consumers alike.
Over the past nine years, Tillo has experienced remarkable growth and resilience in the competitive gift card market. The company has effectively positioned itself to harness evolving market trends, significantly enhancing its overall offerings through strategic acquisitions, such as its recent purchase of Jigsaw Business Solutions.
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Industry Overview in the Target’s Specific Country
The UK gift card industry has undergone substantial transformation in recent years, driven by advancements in digital technology and increasing consumer demand for flexible payment optio
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