6 years ago
Loyyal Secures Funding to Expand Blockchain Loyalty Platform in Asia
Loyyal, a blockchain startup specializing in loyalty and incentive programs, has secured funding from several Asian investors, including LINE's blockchain fund, Unblock Ventures, Recruit Co., and Monex Group
Dubai-based Hayaat Group also participated, following its initial seed investment
The funding will fuel Loyyal's expansion in the Asian market, where loyalty programs have an 80% adoption rate
The investors recognize the potential of Loyyal's technology to transform the loyalty program landscape in Asia.
ProblemTechnology
"Traditional loyalty programs are siloed, inflexible, and lack liquidity, trapping trillions of dollars in value."
Solution
"Loyyal leverages blockchain technology to create interoperable and flexible loyalty programs, enabling businesses to unlock new revenue streams and enhance customer engagement."