Kard offers a rewards-as-a-service API that enables banks and marketers to launch customizable loyalty programs quickly, enhancing customer engagement and retention. By facilitating effortless earning at over 25,000 locations, Kard re-engages inactive cardholders and drives repeat purchases, achieving a $10 return on ad spend.
Funding
$24.3M 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.
FCTG+2Founders
Product
Problem
Traditional loyalty programs often suffer from low engagement, limited customization options, and complex integration processes for both banks and marketers. Existing solutions can be expensive to implement and maintain, failing to effectively re-engage inactive cardholders or drive repeat purchases.
Solution
Kard provides a rewards-as-a-service API that enables banks, card issuers, and marketers to quickly launch and manage customizable loyalty programs. The platform facilitates effortless earning opportunities for cardholders at over 25,000 locations, driving customer engagement and retention. Kard's API allows for highly targeted offers, incentivizing purchases and rewarding consumers with cashback and follow-up offers. The system integrates transaction data to match cardholder activity with existing offers, creating a seamless experience. By offering a flexible and secure platform, Kard helps businesses design loyalty programs tailored to their specific needs without significant overhead.
Target Audience
Kard's primary customers are banks, card issuers, and marketers seeking to enhance customer loyalty, re-engage inactive cardholders, and drive repeat purchases through customizable rewards programs.
Features
- Rewards-as-a-service API for easy integration with existing systems
- Customizable loyalty program design with targeted offers and incentives
- Access to a network of over 47 million cardholders
- Transaction matching to identify eligible purchases and award rewards
- PCI-Compliant and SOC 2-certified platform for secure data handling
- White-labeling options for banks and card issuers
- Real-time campaign performance tracking and reporting