Zurich start-up expands cashback ecosystem
Manage episode 452451325 series 3505071
Poinz, the Swiss market leader in mobile loyalty, has just made a big move by expanding its cashback ecosystem to the web. For the past two years, Poinz has been offering cashback rewards through their app, but now their users can enjoy the same benefits without downloading the app. With over 2 million cashback transactions already processed, this expansion will undoubtedly enhance the shopping experience for users. Robert Blum, the founder and CEO of Poinz, expressed his excitement about this new development. He mentioned that their users no longer have to choose between shopping on their smartphone or computer. Now, they can make larger purchases, like travel, furniture, or electronics, and still collect cashback effortlessly through their computer. Visiting the Poinz online store, you'll find well-known brands like Apple, H&M, Mediamarkt, Swiss, and Zalando, all offering a portion of the purchase amount as cashback. Regardless of the brand you're searching for, you can access their online store through Poinz and shop/order as usual. The cashback reward is then automatically credited to your Poinz account in Swiss francs. The company's focus remains on growth, intending to further expand their position in the cashback market. Last year alone, they recorded over 700,000 cashback transactions and processed more than CHF 40 million. Blum's goal for Poinz is to process CHF 1 billion in sales by 2026. He anticipates reaching the CHF 100 million platform turnover milestone this year and significantly expanding their offerings. Established in September 2012, Poinz has become the market leader in mobile loyalty and communication over the past 12 years. They have connected around 1500 businesses with over 1,000,000 customers in Switzerland. Based in Zurich, Poinz currently employs 19 people. For media inquiries, contact Robert Blum, CEO of Poinz, at +41 44 515 85 60 or robert.blum@poinz.ch.
For more information, visit:
www.poinz.ch
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