Kobai is a mobile app that offers Chilean consumers cashback rewards for scanning purchase receipts from participating brands. Users can redeem their accumulated rewards for gift cards to popular retailers, creating a direct financial benefit from everyday spending.
Funding
$100K 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 in Chile lack a streamlined method to recover value from their everyday purchases. This results in missed opportunities for savings and a disconnect between consumer spending and brand loyalty incentives.
Solution
Kobai provides a mobile application that enables users to earn cashback rewards by scanning purchase receipts from participating brands. Accumulated rewards can be redeemed for gift cards to a variety of popular retailers. The platform facilitates a direct financial benefit for consumers, funded by brand marketing investments. In addition to receipt scanning, users can earn rewards through surveys, participation in brand-sponsored sweepstakes, and daily interactive games within the app.
Target Audience
The primary users are Chilean consumers seeking to maximize savings on their purchases and engage with brands through rewards programs.
Features
- Mobile application for receipt scanning and reward redemption.
- Cashback accrual based on purchases from partnered brands.
- Gift card redemption options for various retailers.
- In-app features for earning rewards through surveys, sweepstakes, and daily games.
- User profile management for tracking earnings and available rewards.