Reworth is a financial technology startup founded in 2020 and based in Mexico. The company is pioneering the field of Payment Relationship Marketing (PRM), aiming to convert customers into brand advocates. Through PRM, Reworth leverages payment data to influence customer behavior and preferences. The company's approach revolves around utilizing incentives such as cashback to attract and retain customers, promoting repeat purchases and long-term loyalty. Unlike traditional loyalty programs, Reworth's solutions do not require commissions, app downloads, unnecessary registrations, or additional cards, aiming to create "frictionless loyalty." A standout feature of Reworth's PRM is its ability to help businesses understand and be part of each customer's story in a personalized and effective manner. By harnessing payment information, the platform enables companies to refine their marketing strategies, tailor promotions, and deliver relevant offers to customers. The startup has received a Seed Round investment from FJ Labs in January 2024, indicating external validation and potential for growth. Overall, Reworth is passionate about assisting businesses in achieving their objectives through effective PRM implementation. The company's innovative approach and focus on enhancing customer satisfaction and retention while driving increased revenue set it up as a compelling player in the financial technology and marketing space. For venture capitalists seeking opportunities in the fintech sector, Reworth's unique positioning and recent investment round make it a promising prospect worth monitoring.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | Unknown | 2 | GG Capital | 17 Jan 2024 |
Non Equity Assistance | Unknown | 1 | 10 Jul 2023 | |
Seed Round | $3.00M | 9 | Sebastien Breteau, Magma Capital Funds +2 | 17 Oct 2022 |
Seed Round | $2.80M | 7 | 18 Oct 2021 | |
Pre Seed Round | $455.00K | 1 | Lotux | 01 Feb 2021 |
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