Merit Incentives logo — Reward. Engage. 
Think Globally, Act Locally.

Merit Incentives

Reward. Engage. Think Globally, Act Locally.

Founded 2016 United Arab Emirates United Arab Emirates 89 employees Series B Total: $30.70M Information Technology, Human Resources

General Information

Company Name Merit Incentives
Founded Year 2016
Location United Arab Emirates United Arab Emirates
Employees 89
Industries Information Technology, Human Resources
Funding Stage Series B
Social

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About Merit Incentives

Merit Incentives, founded in 2016, is a global engagement technology and solutions company based in United Arab Emirates. The company's primary focus is to assist businesses in increasing customer and employee engagement through a suite of innovative cloud-based SaaS platforms, enterprise solutions, applications, and software. Merit's unique API-centric application is supported by its own merchant network comprising 6,000+ brands across 150+ countries, with a strong presence of 800+ retailers and merchants in the GCC alone. The company's offerings include rewards, digital gift cards, merchandise, offers & discounts, entertainment, travel incentives, and mobile top-ups, aligning with its slogan 'Reward. Engage. Think Globally, Act Locally'.

Merit Incentives recently secured a significant $12.00M Series B investment on 20th May 2024. The investment was led by Hambro Perks, Tech Invest Com, Oryx Fund, and Alistithmar Capital, signifying a strong show of confidence from reputable investors in the company's vision and growth potential in the Information Technology and Human Resources industries. With this latest round of investment, Merit Incentives is poised to further strengthen its position in the global market and drive its mission of enhancing engagement for businesses on a worldwide scale.

Taxonomy: global engagement, employee engagement, cloud-based SaaS platform, API-centric application, rewards, digital gift cards, incentives, employee recognition, loyalty programs, merchandise, GCC region, innovative technologies, customer loyalty, employee rewards

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $12.00M 4
Hambro Perks, Tech Invest Com +2
20 May 2024
Series A SAR18.70M 5
Hambro Perks, Arzan Ventures +3
08 Nov 2021

Merit Incentives Alternatives & Competitors

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Merit Incentives vs
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Merit Incentives vs
Online Rewards
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Merit Incentives vs

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FAQ About Merit Incentives

Reward. Engage. Think Globally, Act Locally.
Merit Incentives was founded in 2016.
Merit Incentives is headquartered in United Arab Emirates.
Merit Incentives operates in Information Technology and Human Resources. Its work centres on global engagement, employee engagement, cloud-based SaaS platform and API-centric application.
Merit Incentives has approximately 89 employees.
Merit Incentives has completed 2 funding rounds, raising a total of $30.70M. The latest funding stage is Series B.
Top alternatives and competitors to Merit Incentives include Rewardz, Online Rewards, CDP Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Merit Incentives and Rewardz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Merit Incentives, https://bouncewatch.com/company/merit-incentives, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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