Loyalize
Founded Year
2019Stage
Incubator/Accelerator | AliveTotal Raised
$360KMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-31 points in the past 30 days
About Loyalize
Loyalize offers an engagement platform for retailers and financial institutions to connect customers with the loyalty program. The company's platform helps retailers save money on transaction fees and improve the customer experience by adding more value to the payment journey. The company was founded in 2019 and is based in London, United Kingdom.
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Loyalize's Product Videos
Loyalize's Products & Differentiators
Pay by Bank
Using open banking to allow customers to make payments directly from their bank account - or, a bank transfer. For in store transactions, this is typically facilitated by an in-app QR code; customers can connect their bank account to a QR code in a retailer's app, which when scanned at the till, will trigger a bank transfer from the customer's account to the merchant's account. For online transactions, it's the simple addition of a button at the checkout for "Pay by Bank", which when clicked, will take customers to their banking app to authenticate the transaction (via biometric authentication).
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Expert Collections containing Loyalize
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Loyalize is included in 3 Expert Collections, including Loyalty & Rewards Tech.
Loyalty & Rewards Tech
617 items
Startups allowing global brands and local shops alike to offer tech-enabled loyalty and rewards programs including loyalty software, AI-powered loyalty, blockchain-powered loyalty, and more.
Payments
3,033 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
13,396 items
Excludes US-based companies
Latest Loyalize News
Dec 15, 2021
Maplin and Office Outlet to use Loyalize's Pay by Bank solution Wednesday 15 December 2021 09:42 CET | News UK-based payments platform Loyalize has teamed with Digital-First Retail (DFR) to help augment payment and loyalty options across its portfolio of UK retail brands. DFR will begin Phase One of the partnership by rolling out the new Loyalize payment channel to the ecommerce platforms of Maplin, Office Outlet and PRAKTIKA. The move looks to provide these retailers with a more cost effective transaction option and reward customers with an augmented user experience, and more loyalty benefits. Slow processing, risk of fraud and costly transaction fees are some of the problems Loyalize’s new Pay by Bank scheme aims to solve by offering customers the option to pay directly and instantly from their bank accounts using a payment button, QR code or secure link. For retailers, the benefits of this direct ‘bank transfer’ include instant settlement, savings of up to 80% against existing fees and 96% reduction in fraud rates, whilst without the need to enter payment information, customers also have faster user experience. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Loyalize Frequently Asked Questions (FAQ)
When was Loyalize founded?
Loyalize was founded in 2019.
Where is Loyalize's headquarters?
Loyalize's headquarters is located at 23A Longfield Drive Amersham, London.
What is Loyalize's latest funding round?
Loyalize's latest funding round is Incubator/Accelerator.
How much did Loyalize raise?
Loyalize raised a total of $360K.
Who are the investors of Loyalize?
Investors of Loyalize include Plug and Play Alberta, SFC Capital and Startupbootcamp FinTech & Cybersecurity.
Who are Loyalize's competitors?
Competitors of Loyalize include Vyne and 8 more.
What products does Loyalize offer?
Loyalize's products include Pay by Bank and 1 more.
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Compare Loyalize to Competitors
Banked is a financial technology company specializing in real-time payments for consumers, businesses, and banks within the fintech sector. The company offers a suite of products that facilitate fast, secure, and simple account-to-account payments, including a modular checkout solution, payment links, and QR codes, as well as services for payouts, refunds, and fraud management. Banked's solutions are designed to improve payment security, enhance business efficiency, and reduce costs associated with traditional payment methods. Banked was formerly known as StudioH67. It was founded in 2018 and is based in London, England.
Yaspa operates as a fintech company specializing in instant payments and identity services within the financial technology sector. The company offers a suite of products that enable payments and deposits, instant payouts, and comprehensive account verification services for regulated businesses. Yaspa primarily serves industries such as iGaming, eCommerce, electronic point-of-sale systems, utilities, charities, and trading. Yaspa was formerly known as Citizen. It was founded in 2017 and is based in London, United Kingdom.
Reward specializes in loyalty technology and marketing within the financial and retail sectors. They offer a cloud-based API platform that integrates content, advertising, and commerce to enhance customer engagement and retention, as well as a loyalty-tech platform that powers bank loyalty programs and provides commerce media solutions for retailers. Reward's services are primarily utilized by the banking and retail industries to foster customer loyalty and drive sales through targeted marketing and personalized offers. It was founded in 2001 and is based in London, United Kingdom.
Volt focuses on the development of real-time payment solutions, operating within the financial technology sector. The company offers a platform enabling instant notifications, real-time reporting, fraud prevention, payment tracking, unified commerce, customer bank account verification, and conversion of card payments into open banking payments. Volt primarily serves the e-commerce industry. It was founded in 2019 and is based in London, United Kingdom.
TrueLayer provides an open banking platform, specializing in the financial technology sector. The company provides solutions for instant bank payments, verified payouts, and streamlined user onboarding, leveraging real-time financial and identity data. TrueLayer primarily serves businesses in the ecommerce, iGaming, financial services, and cryptocurrency sectors. TrueLayer was formerly known as Finport. It was founded in 2016 and is based in London, England.
Token.io specializes in A2A payment infrastructure within the financial technology sector. The company offers solutions for initiating instant bank payments, managing recurring payments, and handling virtual accounts, all designed to facilitate smoother and more secure financial transactions. Token.io primarily serves payment providers, banks, and merchants looking to integrate advanced payment methods into their services. Token.io was formerly known as Token. It was founded in 2015 and is based in London, England.
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