Provides a cashback and rewards platform that enables users to earn real-time cash rewards on purchases through gift cards, virtual cards, and bill payments. Users can increase earnings by sharing the platform, receiving lifetime royalties on referrals' cashback, and participating in events like Fluz Parties for boosted rewards.
Funding
$530K 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
Many consumers miss out on potential cashback and rewards when making everyday purchases, especially when using gift cards or paying bills. Existing cashback programs often have delayed payouts or require users to switch banks or credit cards, creating friction and limiting accessibility.
Solution
Fluz provides a platform that allows users to earn instant cashback and rewards on purchases made through gift cards and virtual cards. Users can spend their cashback immediately and can also send and receive money from friends, split bills, and deposit and withdraw cash. The platform offers opportunities to increase earnings by sharing Fluz with friends, receiving royalties on their cashback, and participating in events for boosted rewards. Fluz aims to maximize users' money by providing a secure and versatile account that integrates with existing bank accounts and credit cards.
Target Audience
Fluz targets consumers who want to earn cashback and rewards on everyday purchases without switching banks or credit cards, as well as individuals looking for a side gig through referrals and network building.
Features
- Instant cashback in real money on gift card and virtual card purchases.
- Ability to send and receive money, split bills, and manage funds within the Fluz wallet.
- Referral program that allows users to earn royalties on the cashback earned by their referrals.
- "Fluz Parties" and bonus events that offer boosted cashback rates.
- Virtual cards with security features like Face ID and expiring card numbers.
- Integration with existing bank accounts, debit cards, and credit cards.
- No fees for funding the digital wallet via ACH debit or using the balance to transfer to other Fluz members.