Openbucks

digital cards

FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 19/01/2021

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About

Openbucks offers online cash-based payment solutions for mobile and desktop sites by giving consumers more options to pay cash online via top retailer prepaid and gift card brands worldwide.

MEDICI Analysis

Openbucks provides online cash-based payment solutions for mobile and desktop sites by giving consumers more options to pay online via top retailer prepaid and gift card brands instead of a credit or debit card. The company has received Silicon Valley Top Startup in TiE50 Awards 2015.

Focus

PRODUCTS & SERVICES

Openbucks provide alternative payment options in Online Gaming, E- Commerce and Mobile Top-up. For example, one may choose to pay for an item using a foodchain loyalty gift card, pay for digital in-game items with a gift card, or top up a merchant loyalty card using your existing gift card.

REVENUE MODEL

Openbucks User's pay cash and the gift cards from its partnered outlets. Post which the companies, retail stores, online gaming portals who are in association with Openbucks gift card payment system allow users to pay for goods and services. Openbucks allow retail stores to to track the buying pattern, measure customer loyalty, give away gift vouchers and customize marketing campaigns for a undisclosed fee.

MAIN CLIENTS

Retail consumers and merchants

EXISTING PARTNERSHIPS

SUBWAY

CVS/Pharmacy

Dollar General

oBucks

Pacific Coffee

EPlus Online

Plarium

Snail Games

Wargaming.net

OG Planet

Paymentwall

Bigpointm Nexonm SM Tickets

Legaue Legends

Rixty

SM Cinema

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

3

TOTAL FUNDING

$4.8 M

DATE OF LAST FUNDING

Apr 2014

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

SEED CLOSED ON

Apr 2011

FUNDING SERIES

SERIES A  · $4.8 M  · Jul 2012

DEBT FUNDING

$500 K

LISTED

NO

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

Jul 2020

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

31,389

AVERAGE VISITS (6 MONTHS)

37,767.74

MONTHLY VISITS GROWTH

-40.02%

VISIT DURATION

115

VISIT DURATION GROWTH

-17.44%

PAGE VIEWS VISIT

3.56

PAGE VIEWS VISIT GROWTH

-4.76%

BOUNCE RATE

22.12%

BOUNCE RATE GROWTH

2.92%

GLOBAL TRAFFIC RANK

595,253

MONTHLY RANK CHANGE

83,475

MONTHLY RANK GROWTH

16.31%

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