Zeal Rewards, a mobile payments and loyalty startup, announced the completion of an undisclosed round of seed funding, set to back a major new phase of growth for the business.

Founded by Omar Ebeid, Bellal Mohamed and Amr Mohamed in 2019, Zeal’s payment experience allows users to connect a payment method to the Zeal app QR code and present it to a scanner in-store to pay and collect loyalty punches in the same transaction.

The startup is on a mission to end fragmented in-stor...