Short description
PAYMYNT is a financial growth app that combines mobile commerce, investing, cash and crypto rewards all in one digital wallet.
Description
PAYMYNT is a digital commerce and mobile banking app with a built-in universal cashback and crypto rewards incentive. It merges mobile and e-commerce, brand loyalty, fintech, and blockchain technologies. It created the Mobile Rewards Marketplace, a single destination to shop, save, earn, bank, and invest with a smartphone.
PAYMYNT Rewards Marketplace is an online shopping app designed with rich, cash-back, crypto, and credit incentives. It's configured for IOS, Android users, and a web browser. Consumers shop as usual but earn cash-back from thousands of participating merchants with the brands they love, accumulating incredible financial incentives each time they use the platform.
In addition to the cashback rewards, PAYMYNT created a universal digital rewards token called the MYNT Coin. MYNT coins are pre-mined and earned via a "Proof of Earning" from customer's online and in-store purchases. MYNT coins are the foundation to the universal rewards platform. Now consumers can finally leverage more of their spending through one daily "go-to" smart app. MYNT coins can be used as a medium of payment exchange or as a store of value.
MYNT's are tokenized from the MYNT points program and issued via a smart contract on the Stellar blockchain without any transaction fees. PAYMYNT's long term plans are to create a digital wallet, debit card, p2p payment features, and personalized investment products to improve its customer's financial well being. Its the most rewarding mobile commerce and banking app for the next generation.
Last funding
Noaccess
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Total funding
$$3123123
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Location
Boston, Massachusetts, United States, North America
Founded on
January 1, 2018
Non-profit?
No
Acquired?
No
Employees count
1-10
Revenue range
$34056 - 789030
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Founders
George Adyns, Michael Rosa, Philip Kubat