PointsKash Secures Investment in Seabury Global Markets Seed Cycle
– Seabury Global Markets to lead seed cycle funding
– PointsKash will use the proceeds to launch product and marketing initiatives
BOCA RATON, Florida, October 1, 2021 / PRNewswire / – Kash Points, a Florida-based FinTech Company Leverages Algorand to Launch the First Blockchain-Enabled Platform Linked to a Mobile Phone App that Will Allow Consumers to Aggregate, Convert, Track, and Spend their Rewards and Points loyalty while empowering issuers to engage consumers like never before.
Freedom to pay your way. PointsKash was created to overcome the dissatisfaction expressed by consumers about their inability to spend Reward Points in places they really love and feeling “locked in” with very few options. PointsKash, built on the high performance, low cost and fully decentralized Algorand blockchain, is positioning itself as a “cash rewards wallet” to help consumers be more efficient shoppers and improve their shopping experience. By aggregating points in a single interface and converting them to PointsKash, users can easily see their total rewards on one screen and immediately translate them into monetary value.
“We created PointsKash to help consumers capture their share of the billions of dollars in reward and loyalty points available to them with a simple, easy-to-use app while providing points issuers with the ability to meet their goals. ‘exchange,’ said Steve janjic, co-founder and CEO of PointsKash. “We see an opportunity to bring consumers and pointers together in one place. It’s about harnessing the power of points. Pay your way. Play your way. Give your way. “
“We are delighted to partner with and support the PointsKash team on their journey to improve the loyalty point redemption process and the introduction of digital wallets that allow consumers to freely spend their hard earned points,” said Rob Fleschler, CEO of Seabury Global Markets.
PointsKash serves as a direct communication link between rewards programs which can use mobile push notifications, emails, social media and SMS alerts to help consumers stay on top of special programs, bonus points, coupons and other ways to generate or maximize the value of their Reward Points. The soft launch is planned in time for the holidays. Visit www.pointskash.com to sign up to receive updates.
PointsKash has developed a proprietary platform that serves consumers, rewards reward point issuers and merchants in converting loyalty points to cash, using stablecoins, tokens and blockchain technology. PointsKash has assembled a team of experts in financial services, technology, loyalty rewards issuers, law and marketing to bring this exciting offering to market. The main sales and support group is in Boca Raton, Florida with technology and additional support in Palo Alto, California. Visit www.Pointskash.com
Media contact: Kathy kohler, Marketing Director – [email protected]
About Seabury Global Markets
Seabury Global Markets LLC is a wholly owned subsidiary of Seabury Capital Group LLC which operates several companies specializing in finance, investment banking, technology and software, primarily anchored in aviation, aerospace and defense, financial services and technology. Since its inception in 1995, Seabury Capital has acquired stakes in software and asset management companies serving the aviation and travel industries.
More recently, Seabury Capital has broadened its portfolio by investing in start-ups within the FinTech and Structured Investment Products industry. In addition, Seabury Capital owns and operates FINRA, NFA and FCA regulated investment banking firms in the US and UK, respectively, serving external clients and assisting companies in which Seabury Capital has invested. www.seaburycapital.com
Media contact: Paul N. Thibeau, Communications – [email protected]
Algorand is building the technology to power the future of finance (FutureFi), the convergence of traditional and decentralized models into a unified, inclusive, frictionless and secure system. Founded by Turing Prize-winning cryptographer Silvio micali, Algorand has developed a blockchain infrastructure that provides interoperability and the ability to handle the volume of transactions needed by the challenge, financial institutions and governments for a smooth transition to FutureFi. The technology of choice for more than 700 organizations worldwide, Algorand enables the simple creation of next-generation financial products, protocols and value exchanges. For more information visit www.algorand.com.
Media contact: [email protected]
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