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Bitcoin (BTC) shopping reward platform Lolli completes $10 million financing Bitcoin (BTC) shopping rewards app Lolli announced today that it has closed its $10 million Series A financing led by early Chime backer Acrew Capital. This round of financing also includes: Banana Capital, Up North Management and Animal Capital, the latter is a venture capital fund focused on Generation Z founded by social media stars Josh Richards, Griffin Johnson and Noah Beck. In addition, this round of financing also includes investment from influential people and entrepreneurs, such as Logan Paul, Chantel Jeffries, LaurDIY’s Lauren Riihimaki, Kenny Beecham and Baron Davis. In addition, the salary increase also includes renewed commitments by many of Lolli’s early investors, including Alexis Ohanian’s 776, 3K VC, Gabriel Leydon and Forerunner Ventures. ....
Bitcoin Rewards Firm Lolli Raises $10M in Funding techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
Bitcoin Rewards Firm Lolli Raises $10 Million Series A crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Online wholesale retailer offers cryptocurrency cash back for purchases Online bulk-products retailer Boxed.com has partnered with rewards app Lolli to give customers bitcoin cash back for their purchases. New York-based Lolli Inc. said Thursday that Boxed shoppers can now use its app to earn up to 5% back in bitcoin digital currency on their everyday orders, such as paper towels, snacks and cleaning supplies. Also headquartered in New York, Boxed provides warehouse club-style shopping including groceries, pantry items, household staples, health and beauty aids, office supplies, and a variety of organic and green products in a digital setting and without membership fees. ....
Backers included Seven Seven Six , Night Media, Serena Ventures, Casey Neistat, Phil Defranco, Cody Ko, Noel Miller, Ian Borthwick, and Gabriel Leydon. This funding followed a previous $3m seed round led by PathFinder, Founders Fund’s early-stage investment vehicle, and included Ashton Kutcher and Guy Oseary’s Sound Ventures, Michelle Phan, Digital Currency Group, and Bain Capital. The company is using the funds to continue to develop its mobile app and expand internationally. Founded in 2018 by Matt Senter and Alex Adelman, Lolli gives users free bitcoin when they shop at top retailers. The company currently offers up to 30% and an average of 7% bitcoin-back rewards at more than 1,000 top retailers and Fortune 500 companies like Kroger, Best Buy, Nike, and Ulta. Lolli users have earned more than $3 million in bitcoin rewards to date. ....