Dosh is a cash back application that automatically links to users' payment cards, providing cash back rewards at over 10,000 participating merchants without the need for coupons or receipt scanning. By simplifying the cash back process, Dosh addresses the challenge of maximizing savings for consumers while shopping, dining, or booking hotels.
Funding
$20M 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.
WTFounders
Product
Problem
Many consumers miss out on potential savings due to the cumbersome process of clipping coupons, scanning receipts, and tracking various loyalty programs. This fragmented approach to cash back rewards makes it difficult for individuals to maximize their earnings while shopping, dining, and booking travel.
Solution
Dosh provides an automated cash back platform that seamlessly integrates with users' existing payment cards to provide rewards at participating merchants. By linking their cards to the Dosh app, users automatically receive cash back on purchases without the need for manual couponing or receipt submissions. The platform works in the background, identifying qualifying transactions and depositing the earned cash back directly into the user's Dosh wallet. Users can then transfer their earnings to their bank account, PayPal, or Venmo, or donate to a charity. Dosh partners with a wide network of merchants, including retailers, restaurants, and hotels, to offer a diverse range of cash back opportunities.
Target Audience
Dosh primarily targets consumers who are looking for a convenient and effortless way to earn cash back rewards on their everyday purchases.
Features
- Automatic cash back activation upon card linking, eliminating the need for manual couponing or receipt scanning
- Secure card linking via Braintree (a PayPal service) using bank-level 256-bit encryption and tokenization
- Multi-Factor and Two-Factor Authentication to prevent unauthorized access
- Integration with over 10,000 merchants, including retailers, restaurants, and hotels
- Option to transfer cash back earnings to a bank account, PayPal, or Venmo
- Ability to donate cash back earnings to charitable organizations
- Personalized offers curated based on user preferences and shopping habits