Toronto-based startup Drop, which operates an app giving consumers points for their transactions, has raised $21 million in venture funding. According to a TechCrunch report, the Series A fundraising round was led by Rick Yang, a partner at New Enterprise Associates (NEA). Drop has been able...
Rewards card? Meh. Most consumers are members of more loyalty programs than they care to track, let alone spend enough using to actually receive worthwhile rewards. In the latest mPOS Tracker, PYMNTS interviews Derrick Fung, co-founder and CEO of loyalty app Drop, about how the...
Whether a company is looking to expand its customer base by debuting a new product or into a new geographic market, sometimes it is easier to get by with help from a strategic partner. In the November edition of the mPOS Tracker™, PYMNTS explores how...
Finding nearby friends through an online platform became a lot easier when Snapchat unveiled its Snap Map offering. Just a few weeks ago, the disappearing photo social media site introduced Snap Map to the world, and now we’re learning about the potential technology behind it. Before...
January 31, 2018
Toronto-based startup Drop, which operates an app giving consumers points for their transactions, has raised $21 million in venture funding. According to a TechCrunch report, the Series A fundraising round was led by Rick Yang, a partner at New Enterprise Associates (NEA). Drop has been able to secure approximately $5 million in seed funding over the […]
July 05, 2017
Finding nearby friends through an online platform became a lot easier when Snapchat unveiled its Snap Map offering. Just a few weeks ago, the disappearing photo social media site introduced...
December 06, 2016
Shortly after rolling out this summer in Canada, Drop, the mobile app that gives users rewards and access to loyalty programs, has more than 70,000 millennials as customers. According to...
