Jingit

paymentssoftware/whitelabel/apis-payments

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 17/07/2020

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About

#Jingit is revolutionizing commerce by bringing product-level marketing dollars into merchant transactions in real-time: online and in-store

MEDICI Analysis

Jingit is a mobile based platform that allows users to earn cash and rewards through online engagement activites such as purchases from partner brands, watching videos, partcipated in surveys etc.

Focus

PRODUCTS & SERVICES

Loyalty app - cash back offers & rewards for online and in-store purchases and other online engagements. Advertising platform for retail merchants , brands. It pays consumers instant cash for watching online ads or checking in and shopping for select products at their favorite stores. Jingit wallet makes it easy to pay for online purchases and also helps users to create shopping list with reserved offers on their mobile app.

REVENUE MODEL

The company couldd generate revenue from partner brands and brand adversting services.

EXISTING PARTNERSHIPS

Partnered with technology firms SRC

HP - to empower brands

merchants and payment networks to create unprecedented

next-generation payment and marketing capabilities for consumers. Partnered with Direct Source - to integrate retail and engagement offer platform with tier one retailers.

COMMENT

Jingit is a real-time events based payment platform, bringing marketing dollars into consumer transactions as managed currencies.

Traction

VALUATION / MARKET CAP:

$46.6 M in 2015

People

FOUNDERS

Joseph Rogness

Todd Rooke

BOARD MEMBERS AND ADVISORS

Tony Abena

Daniel Frawley

Joseph Rogness

Todd Rooke

NUMBER OF EMPLOYEES

11-50

Momentum

FUNDED

YES

TOTAL FUNDING

$7.38 M

DATE OF LAST FUNDING

Nov 2012

SEED & PRIOR FUNDING

$385 K

SEED CLOSED ON

Apr 2010

SEED PRIOR FUNDING COMMENT

Cumulative funding indicated

FUNDING SERIES

SERIES A  · $7 M  · Nov 2012

LISTED

NO

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