LONDON, March 30, 2017 /PRNewswire/ -- London based technology startup, Sh8pe Limited, is proud to announce that the company has signed a letter of intent with Thorpe Beeston Investments Ltd, a UK based corporate advisory firm, and initiated the required legal and accounting work in conjunction with a planned listing on the London Stock Exchange.
Additionally, Certified Financial Analyst, Mr. Brian Connell, Senior Managing Director at Street Content has been retained by Sh8pe to draft the required prospectus to be submitted to the UK Listing Authority for approval. Mr. Connell has over 20 years of experience in the securities industry, as an equity analyst and portfolio manager, and as the founder and CEO of StreetFusion (acquired by CCBN, then by Thomson/Reuters), a software company serving the institutional investment community.
The Company anticipates the floatation on the London Stock Exchange to take between 6 to 9 months, with 9 months being on the outside of the time scale.
In recent months, Sh8pe Limited's core operations and digital footprint have grown at an impressive pace. While most of the Company's products and services are still in startup (beta) mode, it expects its core distributor base to grow to well over 100,000 within the next 12 months. A public listing on the London Stock Exchange will provide Sh8pe with the credibility and financial strength it needs to manage its growth and expand its product offerings.
As a company, Sh8pe aims to disrupt the digital rewards and loyalty landscape by building a platform that radically alters the way digital offers are being consumed by smartphone users from around the world, and by developing an ecosystem that rewards those same users for their loyalty via cash and loyalty points.
MobPower is Sh8pe's leading product offering. The platform allows its member "Power Affiliates" to earn cash and rewards for performing specific actions like shopping online, filling out surveys, downloading mobile apps, watching videos and more. Digital offers are then presented to MobPower members "on a platter," via a clean and uncluttered interface, the MobPower Android application.
MobPower enables users to turn both paid and cashless transactions into a source of revenue. The app serves as a gateway to anything money can buy (any standard e-commerce transaction, like an online shopping purchase) and cannot buy (free mobile app downloads, games, promotional videos, surveys and more). Users are afforded direct, one-click access to top-notch merchant offers from Google, Walmart, iTunes and eBay among others.
Sh8pe Rewards offers its users exclusive discounts and coupons that previously were only available to top-performing affiliate marketers. Via Sh8pe Rewards, a portion of each transaction (the affiliate commission) is pooled and distributed to each Sh8pe member on a monthly basis.
The Sh8pe Rewards platform makes online shopping easy and handy as it was developed as a cross-platform shopping application, with a presence on the Web (via www.sh8perewards.com) as well as via sister iOS and Android applications under the same name (Sh8pe Rewards).
Sh8pe users earn revenue by simply redirecting their existing online purchases to the Sh8pe Rewards platform. Sh8pe then splits the commissions it earns with its members.
Sh8pe is the first digital rewards platform to be built as a truly global ecosystem from the start. Virtually every product or service that can be purchased, traded, downloaded, viewed, redeemed or subscribed to online is available and can be monetised via the Sh8pe platform.
ABOUT SH8PE LIMITED
Sh8pe Limited is a rapidly growing digital media agency specializing in the distribution and syndication of web and mobile offers.
The Sh8pe platform, currently in beta, aggregates and curates over 100,000 digital (web and mobile) offers, and curates those offers via two simple platforms, MobPower and Sh8peRewards. Our Offer Vault consists of mainstream e-commerce merchants like eBay, Walmart, Best Buy, Groupon or Hotels.com, to mobile apps, premium mobile content, surveys, sweepstakes and more. The Sh8pe platform provides true global reach, with merchant and digital offer representation in 196 countries around the world.
+61 (0) 420 680 072
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/london-tech-startup-sh8pe-ltd-preps-initial-public-offering-300432050.html
SOURCE Sh8pe Limited