Snaplii is a digital wallet that utilizes secure encryption and real-time payment processing technology to enhance financial transactions in North America. It provides a faster and safer alternative to traditional banking methods, addressing inefficiencies and security concerns in managing personal finances.
Funding
$2.6M 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
Traditional methods of earning cashback often involve clipping coupons or waiting for rebates, creating a disjointed and time-consuming experience for consumers. Many shoppers miss out on potential savings due to the complexity and inconvenience of these processes.
Solution
Snaplii is a mobile application that provides instant cashback rewards on digital gift card purchases from over 400 brands. Users can buy e-gift cards within the app and immediately receive cashback, which can then be transferred to their bank account or used for future purchases. The app also allows users to send e-gift cards to others, earning cashback on those purchases as well, and recipients can swap the gift card for another brand at no cost. Snaplii aims to streamline the cashback process, making it easier for consumers to save money on everyday purchases and gifts.
Target Audience
Snaplii targets consumers in North America, specifically those in Canada, who are looking for an easy and convenient way to earn cashback rewards on their everyday purchases and gift-giving.
Features
- Instant cashback on e-gift card purchases from over 400 brands
- Ability to send e-gift cards to others and earn cashback on those purchases
- Recipients can swap received e-gift cards for other brands at no cost
- Option to transfer cashback earnings to a bank account
- Push notifications for flash sales and limited-time offers
- Referral program that rewards both the referrer and the referred friend
- Secure platform with data encryption to protect user financial information