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.