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Bits of Stock
Stock rewards app
- 21-100 employees
- Fintech
- B2C
- B2B
- Trading
- SaaS
- Amsterdam, Netherlands
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Company mission
To reverse wealth inequality by making stock ownership easier than earning points and miles.
Our take
Rewards incentives are a great way to build customer loyalty and increase individual spending. Systems like cashback capitalise on this by providing tangible benefits for the consumer. In recent years, this system has begun to show its age. More stores turn digital, cash is becoming obsolete, and points systems no longer offer enough reward incentive.
In today’s economic environment, stock and crypto have become increasingly common and accessible. Bits of Stock aims to capitalise on this trend by offering an alternative rewards platform - stock and crypto shares. Its service promises a way for users to start building their portfolios as they spend.
Bits of Stock have a clear niche in the market with its rewards incentive business model, and there’s a great opportunity for growth as the interest in investment platforms rises.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Company equity
- Learning and development stipend
- Team outings
Company values
- Diversity and inclusion
- Teamwork and leadership
- Giving back to the community
- Ownership mentality
Funding (2 rounds)
Jun 2022
$4.5m
SEED
Jun 2020
$0.4m
CONVERTIBLE
Total funding: $4.8m
This company has top investors
Leadership
Arash Asady
(CEO)Also currently an advisor at Fairnance and a startup mentor at TripDoodler. Has previously worked at Astor Ridge North America LLP as a fixed income and rates trader.