Bring Raises $1.1 Million to Expand White-Label Crypto Cashback Platform
Bring, a pioneering player in the cryptocurrency space, has successfully raised $1.1 million in a SAFE funding round. Bring offers a white-label crypto cashback service integrated into web3 wallets and exchanges, allowing users to earn cryptocurrency when purchasing from 450 retailers spanning various industries such as fashion, electronics, and travel. Key partners in this round include Starkware, QualityScore, 12A, and Team-X, as well as V3ntures, which was Bring’s first investor. The new funding will support the platform’s growth and integration with broader blockchain ecosystems, notably Starknet. Bring’s CEO, Meir Zohar, emphasized the company’s commitment to innovation and expanding its strategic partnerships to enhance user experience in the crypto cashback market.
Bullish
The successful funding round and strategic partnerships suggest strong confidence in Bring’s business model and potential market growth. The integration with Starknet and support from prominent investors like Starkware and QualityScore indicate enhanced utility and adoption prospects for Bring’s platform. Historically, such positive developments in a company’s growth and partnerships often result in a bullish market outlook, signaling potential price increases and broader market enthusiasm.