5 months ago

Merit Incentives Secures $28M Series B for Global Expansion

  • UAE-based Merit Incentives, a rewards and loyalty platform, raised $28 million in Series B funding from Capital Investment, Stride Ventures, Tech Invest Com, and Oryx Fund

  • The company offers digital gift cards and loyalty solutions, serving over 20 million users across multiple countries

  • This follows previous funding rounds in 2021 and mid-2024.

      • ProblemTechnology

      "Businesses struggle to effectively engage employees and reward customers, leading to low morale and decreased loyalty."

      Solution

      "Merit Incentives provides a platform for digital gift cards, employee engagement tools, and customer loyalty programs, allowing businesses to easily reward and incentivize their employees and customers."

      Covered on