Coinout
Date | Investors | Amount | Round |
---|---|---|---|
$650k | Seed | ||
N/A | $1.2m | Debt | |
N/A | $800k | Early VC | |
N/A | Acquisition | ||
Total Funding | $1.4m |
Recent News about Coinout
EditCoinOut operates in the financial technology sector, providing a user-friendly cashback app that rewards consumers for their online and in-store purchases. The app partners with top merchants such as Walmart, Groupon, and eBay to offer cashback incentives. Users can easily start an online purchase from within the CoinOut app and earn cashback in CoinOut cash. The app also features a referral system, allowing users to boost their earnings by sharing the app with others. CoinOut ensures user privacy by never sharing personal or financial information and analyzes transactions to present more relevant offers. The app offers multiple cash-out options, including bank transfers, gift cards, and PayPal, with no minimum for bank and gift card withdrawals. CoinOut engages its users through social media and rewards active participation with badges, bonuses, and surprise weekly bonuses. The business model revolves around partnerships with merchants and advertisers who pay CoinOut for driving traffic and sales to their platforms. CoinOut's primary clients are everyday consumers looking to save money on their purchases. The company generates revenue through affiliate marketing and advertising partnerships, making money by earning a commission on sales generated through the app.
Keywords: cashback, rewards, fintech, online purchases, in-store purchases, privacy, referral system, gift cards, PayPal, affiliate marketing.