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Author Topic: [2016-02-26] Ribbit.me Raises $1.5 Million Seed Round  (Read 168 times)
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February 27, 2016, 02:03:17 AM
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NEW YORK, NY, Feb 26, 2016 – Ribbit.me, a NY-based blockchain technology startup, announced that it closed a $1.5 million seed round, led by Hayaat Group, an investment company based in Dubai, with Privity FZ LLE acting as advisor.

Ribbit.me has built the world’s first universal platform for the loyalty and rewards industry using blockchain and smart contract technology. Currently, program operators such as airlines or hotels, are faced with high operational costs and outdated processes, resulting in a poor customer experience.

Ribbit.me’s universal platform coupled with its patent-pending technology enables program operators to reduce costs by sharing a distributed ledger, thus streamlining the customer experience while more effectively managing the rewards liability.

http://themerkle.com/news/ribbit-me-raises-1-5-million-seed-round/

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