API cashback data platform for banks and merchants
Business Model:
Revenue: $0
Employees: 11-50
Address: Paseo de la Reforma 342
City: Mexico City
State: mexico
Zip: 06600
Country: MX
Reworth connects financial institutions and merchants to receive actionable data and offer cashback to end-customers via a fully-integrated API solution. Financial Institutions connect through an API and integrate a dynamic data driven directory within their application or website. Merchants simply sign up on the platform and offer a cashback, in return they receive clustered customer data and visibility in the financial institutions directory. The customers of the financial institutions simply pay with their card or touchless enabled devices and receive the cashback notification instantly, removing the friction and barriers that other reward programs have (app download, registration, pre-choice, QR scans). Our business model requires no initial investment for merchants, their cost is the reward they offer and it is applied once a purchase is made. Financial institutions pay a small fee only when they make money after a transaction is done, this removes entry barriers, allowing us to give consumers a wide range of rewards that are relevant to their everyday needs.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2021 | Seed Round | $0 |
ALLVP Evening Fund FJ Labs Gilgamesh Ventures Rali_cap Soma Capital VERVE CAPITAL ALLVP Evening Fund FJ Labs Gilgamesh Ventures Rali_cap Soma Capital VERVE CAPITAL |
10/2022 | Seed Round | $0 |
Actyus Alfonso De los Rios Bluewatch Ventures Daniel Vogel JAM Fund K5 Ventures Magma Capital Funds Noa Capital Actyus Alfonso De los Rios Bluewatch Ventures Daniel Vogel JAM Fund K5 Ventures Magma Capital Funds Noa Capital |
10/2022 | Seed | $6.6M |
JAM Fund Actyus |
5/2020 | Pre Seed Round | $100k | 2/2021 | Pre Seed Round | $0 |
Lotux Lotux |
10/2021 | Seed Round | 7 | $2.8M |
ALLVP Evening Fund FJ Labs Gilgamesh Ventures Rali_cap Soma Capital VERVE CAPITAL ALLVP Evening Fund FJ Labs Gilgamesh Ventures Rali_cap Soma Capital VERVE CAPITAL |
2/2021 | Pre Seed Round | 1 | $455k |
Lotux Lotux |
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