Dailyn is a mobile app that connects urban consumers with nearby independent merchants through a unified cashback and loyalty platform. Users discover participating shops via geolocation, pay with a single tap in the app, and receive instant cashback that is stored in a personal wallet and can be redeemed at any partner store, while merchants gain a low‑cost, cloud‑based tool to attract repeat business and increase basket size.
Funding
$11.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Consumers often lack incentives to shop at local businesses, and small merchants struggle to attract and retain customers without costly loyalty programs. This results in reduced foot traffic for local stores and missed opportunities for consumers to earn rewards on everyday purchases.
Solution
Dailyn is a mobile app that links consumers with nearby merchants through a unified cashback and loyalty platform. Users discover participating local shops via geolocation, pay directly in the app with a single tap, and receive instant cashback that is credited to a personal wallet. The accumulated balance can be redeployed at any partner store, creating a closed-loop incentive that encourages repeat visits. For merchants, Dailyn provides a simple, cloud‑based loyalty tool that increases visibility, drives higher transaction frequency, and boosts average basket size without the need for separate POS hardware. The ecosystem also offers a multi‑merchant gift card solution for institutions and businesses, extending the cashback benefits to employee or community programs.
Target Audience
Primary users are urban consumers who shop frequently at local boutiques, cafés, and services, while Dailyn Pro targets independent merchants and small retail chains seeking a low‑cost loyalty solution.
Features
- Geolocation‑driven discovery of nearby participating merchants
- One‑click in‑app payments with encrypted, PCI‑compliant processing
- Instant cashback credited to a user wallet after each transaction
- Redeemable balance usable across all partner stores, fostering repeat business
- Merchant dashboard for loyalty campaign management, analytics, and customer acquisition
- Multi‑merchant gift card that can be issued to employees, associations, or community groups
- Secure data handling with end‑to‑end encryption and no sharing of banking details with third parties