Post Tagged with: "Gift Cards"

Digital Gift Cards Are This Year’s Must-Have Item

Digital Gift Cards Are This Year’s Must-Have Item

by December 1, 2014 at 11:48 am 0 comments

Gift cards are king — nearly 20% of the holiday spend this year is expected to take the form of plastic gift cards, according to CEB Tower Group.
But some of that spend will skip the plastic and go directly to digital gift cards, which are growing in popularity and utility. In late November, InComm, which produces the Vanilla line of prepaid cards, released data on digital gifting that shows how mobile has made digital gift cards must-haves for millennials.

Gift Card Space Heats Up as Startup Raise Scores $18.1M Round

Gift Card Space Heats Up as Startup Raise Scores $18.1M Round

by November 12, 2014 at 10:13 am 2 comments

It’s that special time of year… the days are getting shorter, leaves are falling, and gift cards are in the air. The venture money is flowing into gift cards as well. Gift card marketplace Raise just finished an $18.1 million funding round, according to GigaOm.

Digital Gifting Alive and Well After Facebook Kills ‘Gifts’

Digital Gifting Alive and Well After Facebook Kills ‘Gifts’

by July 31, 2014 at 11:09 am 1 comment

Facebook announced yesterday that it would on August 12 shut down Facebook Gifts, its program selling virtual and physical gift cards for retailers such as Best Buy and Starbucks. Does this mean digital gift cards done? Hardly. Several payments players are placing bets on gift cards just as Facebook backs off. Payment processor First DataRead More

Monitise to Roll Out Gift Cards Next Quarter

Monitise to Roll Out Gift Cards Next Quarter

by July 15, 2014 at 11:39 am 1 comment

Monitise plc, the publicly traded mobile payments company, will roll out gift cards to users of its mobile banking apps next quarter, a senior company official told Bank Innovation.

Gyft and Walmart Make It Easier to Spend Bitcoins

Gyft and Walmart Make It Easier to Spend Bitcoins

by March 25, 2014 at 10:21 am 0 comments

It just got a whole lot easier to spend those bitcoins burning a whole in your digital wallet. Digital gift card company Gyft — known for being cryptocurrency-friendly and its many enthusiastic fans in the bitcoin community — yesterday announced that it had added Walmart gift cards to its platform. BitcoinRead More

Giftly Says It Has Overcome ‘Technical Limitations’

Giftly Says It Has Overcome ‘Technical Limitations’

by February 11, 2014 at 9:32 am 0 comments

Giftly, the “next generation” gift card startup, has reportedly surmounted “technical limitations” to allow for a richer customer experience, “without merchant-sided encumbrances.” Giftly made the disclosure today in a vague note to investors. (Disclosure: Bank Innovation is an investor.) Specifically, Giftly wrote: This tech will allow us to apply theRead More

VIDEO: Gift Card Exchanges, the Last Refuge of the Shopping Hopeless

by December 30, 2013 at 1:40 pm 0 comments

Stuck with an unwanted or useless  gift card this holiday season? All is not lost. Gift card exchanges can help recover some value from that piece of plastic either by buying it outright or connecting the seller with potential buyers, even though increasingly gift cards are digital items. This videoRead More

Gyft Launches Rewards Platform, Offers Discounts to Bitcoin Users

Gyft Launches Rewards Platform, Offers Discounts to Bitcoin Users

by November 14, 2013 at 10:50 am 0 comments

Mobile gift-card management company Gyft today announced discounts for users of alternative payment methods, such as bitcoins and PayPal. Gyft’s platform allows users to gather gift cards into one mobile app, which can then be used to make purchases at the point of sale or online. This technology is reminiscent ofRead More

Good Things Are in the Cards for Facebook Gifts Partner Marqeta

Good Things Are in the Cards for Facebook Gifts Partner Marqeta

by October 18, 2013 at 12:00 pm 1 comment

Online-to-offline payments company Marqeta is seeing a bright future, and it’s made of plastic. The Emeryville, Calif.-based startup recently closed a $3 million round of funding, bringing its total funding to $25 million, and entered a partnership with The Bancorp to bring Marqeta’s +M technology to the white-label bank’s prepaid productRead More

Bank Innovation’s First Investment — in Giftly — Scores as the Startup Finds a Buyer

Bank Innovation’s First Investment — in Giftly — Scores as the Startup Finds a Buyer

by May 23, 2013 at 10:59 am 3 comments

Barely a month ago, Bank Innovation began investing in FinTech startups. Yesterday, our first investment, in Giftly, exited in a sale to GiftCards.com. We didn’t even have a chance to announce that we made the investment before  CEO Tim Bentley and company sold out to GiftCards for an undisclosed price.Read More