Poly Cashback

polycashback.com ↗ ·Madrid ·Seed

Poly Cashback (branded simply as "Poly") is a Spanish consumer crypto-rewards platform that gives shoppers bitcoin cashback on online purchases made through 1,500+ affiliated stores via a browser extension or mobile app, with rewards deposited into a built-in Poly Wallet. Founded in 2021 in the Madrid area by Alberto Levy (CEO) and Santiago Raffo (CTO), it raised roughly $0.8M from Draper B1 and went through the Cuatrecasas Acelera program, and was a nominee at the Crypto Awards / Crypto Week Summit.

Founded

2021

Founders

Total funds raised

—

Rounds

Investors

SectorsFintech, Crypto & Web3, Consumer, Loyalty & Rewards, E-commerce Start-up MapFintech › Crypto & blockchain infrastructure

Suggest a correction

Founders

Alberto Levy

Founding Partner & CEO

Santiago Raffo

Founding Partner & CTO

Global models 5

Upside

United States · www.upside.com ↗

Consumer cashback app paid for by merchant commissions on purchases made through it, the same merchant-funded shopper-reward model as Poly but paying cash instead of bitcoin.

$200M+Comparable

Drop

Canada · www.joindrop.com ↗

Shopping-rewards app that earns affiliate and partner commissions from brands and passes part of them back to users as points, the same merchant-funded model as Poly.

$70MComparable

Dosh

United States · www.dosh.com ↗

Automatic cashback app funded by merchant commissions and delivered through a consumer wallet, the same merchant-funded rewards model with a built-in wallet that Poly runs.

$56MComparable

Fold

United States · foldapp.com ↗

Gives shoppers bitcoin rewards on purchases at partner merchants, held in an in-app bitcoin account: the closest direct match to Poly's bitcoin-cashback model.

$40MComparable