Lolli is a rewards platform that enables users to earn up to 30% back in bitcoin or cash when shopping at over 25,000 partner retailers through its browser extension and mobile app. By facilitating transactions where retailers pay Lolli a commission, the platform provides users with a straightforward way to accumulate cryptocurrency while making everyday purchases.
Funding
$8M 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.
+1Founders
Product
Problem
Many consumers are unaware of opportunities to earn rewards or cryptocurrency when making online purchases at their favorite retailers. Existing cashback programs can be cumbersome, requiring users to navigate separate platforms or remember to activate deals before shopping.
Solution
Lolli provides a browser extension and mobile app that allows users to automatically earn rewards in the form of Bitcoin or cash back on purchases at over 25,000 partner retailers. By installing the Lolli extension, users are notified of available rewards while browsing participating store websites, eliminating the need to actively search for deals. Lolli receives a commission from retailers for referred sales and shares a portion of that commission with users as a reward, providing a seamless way to accumulate cryptocurrency or cash back on everyday spending.
Target Audience
Lolli's primary users are online shoppers who are interested in earning rewards or accumulating Bitcoin while making purchases at their favorite retailers.
Features
- Browser extension that automatically detects and activates rewards at partner retailers
- Mobile app for earning rewards on the go and playing the Daily Stack game for bonus rewards
- Support for both Bitcoin and cash back rewards, giving users flexibility in how they receive their earnings
- Integration with over 25,000 online retailers across various categories
- Average rewards of 7% and up to 30% at select stores