PrePay is a finance startup founded in 2011 with the slogan "Secure your favorite spots and enjoy exclusive rewards with prepaid store credits, boosting repeat visits and spending." The company offers an online platform where customers can purchase store credit for local businesses, aiming to secure future customer loyalty. By buying multiple visits in advance, customers receive reward credit, thereby increasing repeat business and enhancing the average spend per visit.
The startup recently secured a $12.00K Angel Round investment on 18 November 2019 from NEXEA, demonstrating interest from investors in the potential of their business model.
