Founded to delight consumers during their shopping experience, FreeMonee is the world’s first gift network.
By connecting the nation’s largest financial institutions with thousands of stores and restaurants, the FreeMonee gift network allows customers to delight in discovering new products and services, for free. Through the network, financial institutions offer their customers monetary gifts to purchase items of their choice—with no strings attached. Consumers simply use their credit or debit card at the specified merchant to purchase whatever they please. After the purchase, FreeMonee credits the consumer’s card account for the purchase, up to the gift amount. It’s like being surprised by a new gift card. FreeMonee: how will you spend it?
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 05/01/11 | Other | 11M | Unknown | |
| 08/01/12 | Series B | 34M | Unknown |
People
News
Funding Daily: A big dose of the warm and fuzzies
August 7, 2012 11:48 pm
Today’s investment news is filled with good vibes. Anyone who claims that the world of technology is cold, hard, and… Continue reading ⟩
Incentive network FreeMonee gets $34M to turn every day into a birthday
August 7, 2012 5:56 pm
Gift network FreeMonee has raised $34 million in VCMonee for its consumer incentive program. FreeMonee delivers cash gifts from participating… Continue reading ⟩