Sector: E-commerce
SNAPnSAVE (visit website)
The shopping community in Africa is gradually shaping into a world-class marketplace. Allowing the virtual stroll of anyone from any part of the country any of these startups are. You can be at the comfort of your home and have a tour around a shopping website. You then pick practically anything, pay for them, then have them delivered to your doorstep. One of the advantages is that you are in control of your choices. You do not need to have any sales agent on your neck trying to convince you to get a product you did not prepare to buy as in a physical store.
SNAPnSAVE startup
SNAPnSAVE is a South African Startup founded in 2014 by Mark Bradshaw. With the support of Investment house TAT ventures, SNAPnSAVE has its headquarters in Capetown. Users can download the Android or iOS version of the mobile application. According to Crunchbase, SNAPnSAVE is a shopping app that gives you cash back when you shop in-store. No paper coupons, no plastic cards, and no loyalty points. Just real cashback on items purchased every day, leaving you with more to spend on the things you want. The service gives shoppers cashback on their favourite products anywhere and anytime they shop. All the customer has to do is take a photo of the till slip.

The startup allows brands to measure KPI and sales rather than just impressions and clicks. And digital coupons encourage shoppers to try and discover new products.
The startup has witnessed incredible growth since its launch, and its user number now stands at 35,000. The platform has collected more than 1.5 million till slips. South African Customers have received over $860,000 cash rewards. However, it seems as though there is more to come – because cashback is a massive trend in the South Africa Consumer market. Over the years, they have had a few investors ranging from Vunani Fintech investment fund, Smollan, Kalon Venture Partners, and Goldfish Fund.
How the App Works
- Download the application on the play store or the apple store.
- Register and log in to the application website
- Discover and book offers on the mobile application
- Go to any major retailer and buy the items booked.
- Snap a photo of you till slip & Ka-ching(used to represent the sound of a cash register regarding making money).
- Till-slip is the slip showing the items bought and the prices of each of them. So a shopping “tip” is to take your phone along while going to the store.
Once you have your cashback which is a minimum of $3(R 50), you can cash out by transferring the cash directly to any South African bank account. You can also link to one of their partners and transfer your funds to their digital wallets. Or invariably request an instant cash ATM code where you can withdraw from any Standard Bank ATM.
It takes up to 4 working days to process each till slips.
A few of the reviews from the website;
Muntair- “Awesome. Finally, a coupon system that works, with decent cashback.
Charlie- “SNAPnSAVE has already given me over R200 in cashback. Well designed and easy to use.”
Sally- “Such a cool app! We just used this app while grocery shopping today. And, we love it!”
Conclusion;
The cashback mechanism is an added advantage to stores and online stores generally. It allows customers to have a sense of trust and ownership of the stores even though they do not. The beneficiaries take care and spread the good words of where they get money. People that use physical coupons have to get on the ride of the website offers for coupons. Why? It covers a range of products. They realized that it is a game of who gets the offers. Much importance is attached to it because of the digital age we find ourselves in currently. Startups around Africa can adopt what SNAPnSAVE has been building over the years. And also replicate this in other African countries.