Photo - Benefits
57605

Benefits

Portugal
Market: Financial services
Stage of the project: Operating business

Date of last change: 23.11.2022
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Idea

No-code reward infrastructure for SMEs and global startups. With Benefits, businesses can run and manage any kind of reward program: from referral campaigns to employee benefits, worldwide.

Current Status

- Exceptional team of 6 A-players.
- Public launch in October 2022.
- 300+ customers: 35% Europe, 24% US & Canada, 11% India, 9% MENA, 21 rest world

Problem or Opportunity

90% of companies use rewards everyday. They spent over $1 TRLN to operate with this.
Hundreds of use cases managed by hundreds of solutions from old fashion gift cards to complicated own software.

Solution (product or service)

Benefits are no-code reward infrastructure tool. With us, businesses can run, and manage any kind of reward in one place, worldwide.

✅ No-code or endless integrations;
✅ Free implementation;
✅ First reward program just in 10 minutes.

Our solution is flexible like Notion: it can be used for any reward cases, from referral programs to one-time employee rewards.

Business model

Subscription-based model - $100 per month per company. Over time we plan new monetization ways to reflect the growth:

- Differentiate subscription plans based on platforms’ features;
- Access to API to provide rewards into the branded app;
- SDK to third-party applications (banks, fintech);
- Promotion of public rewards to attract new customers.
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