About Reward
Reward is a company based in London (United Kingdom) founded in 2001. It operates as a SaaS (Software-as-a-Service), and Data-as-a-Service. The company has 112 employees as of January 31, 2022. Reward has completed 2 acquisitions, including HD Insights and Hdinsights. Reward offers products and services including Engagement for Banks, Activation for Retailers, and Intelligence for All. Reward operates in a competitive market with competitors including Cardlytics, Affinity Solutions, utu, Cartera and Larky, among others.
- Headquarter London, United Kingdom
- Employees 112 as on 31 Jan, 2022
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sports Loyalty Card Limited
- Date of Incorporation 12 Feb, 2001
- Jurisdiction LONDON
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Annual Revenue
$46.61 M (USD)-6as on Apr 30, 2023
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Net Profit
$-678.71 K (USD)-116as on Apr 30, 2023
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EBITDA
$1.48 K (USD)-100as on Apr 30, 2023
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Latest Funding Round
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Investors
Verisk
& 1 more
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Employee Count
112
as on Jan 31, 2022
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Investments & Acquisitions
HD Insights
& 1 more
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Products & Services of Reward
Reward offers a comprehensive portfolio of products and services, including Engagement for Banks, Activation for Retailers, and Intelligence for All. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform powers loyalty programs for major banking institutions.
Insights help retailers boost sales and market share.
Services enhance customer understanding for better business decisions.
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Funding Insights of Reward
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - Reward | Valuation |
investors |
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| Nov, 2020 | Amount | Seed - Reward | Valuation | Verisk |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Reward
Reward has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Verisk and Experian Plc. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Insurance data insight and risk analytics solutions for the insurance industry
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Reward
Reward has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HD Insights and Hdinsights. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Data analytics solutions are offered to financial and retail sectors.
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2012 | ||||
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Reward
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Reward Comparisons
Competitors of Reward
Reward operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cardlytics, Affinity Solutions, utu, Cartera and Larky, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Card-linked marketing solutions are provided to banks and financial institutions.
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| domain | founded_year | HQ Location |
Card linked marketing solutions for financial institutions
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| domain | founded_year | HQ Location |
Cross-border rewards points are earned and redeemed via mobile app.
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| domain | founded_year | HQ Location |
A cloud-based platform for card-linked customer loyalty is provided.
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| domain | founded_year | HQ Location |
Coalition loyalty software is provided for financial institutions by Larky.
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| domain | founded_year | HQ Location |
Delivers mobile-based customer loyalty program management solutions for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Reward
Frequently Asked Questions about Reward
When was Reward founded?
Reward was founded in 2001 and raised its 1st funding round 19 years after it was founded.
Where is Reward located?
Reward is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Reward have?
As of Jan 31, 2022, the latest employee count at Reward is 112.
What is the annual revenue of Reward?
Annual revenue of Reward is $46.61M as on Apr 30, 2023.
What does Reward do?
Reward is recognized as a global leader in customer engagement and commerce media solutions. Operations are conducted across 15 markets in Europe, the Middle East, and Asia. A cloud-based platform is provided to power white-labeled loyalty programs for major banks, enhancing customer lifetime value through card-linked commerce. Retailers are supported with activation solutions using behavioral insights from billions of transactions to boost sales and market share. Intelligence services are offered to improve strategic decisions and communication effectiveness for all partners. Everyday transactions are transformed into meaningful engagement opportunities, unlocking new revenue streams for banks and brands worldwide.
Who are the top competitors of Reward?
Reward's top competitors include Cardlytics, Larky and Affinity Solutions.
What products or services does Reward offer?
Reward offers Engagement for Banks, Activation for Retailers, and Intelligence for All.
How many acquisitions has Reward made?
Reward has made 2 acquisitions, including HD Insights, and Hdinsights.
Who are Reward's investors?
Reward has 2 investors. Key investors include Verisk, and Experian Plc.
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