Startup of the Week - Koin Rewards
by Startacus Admin
The ethical rewards app Koin Rewards, reimagining loyalty through responsible shopping and tokenisation and created to reward us all for being conscious consumers...
It’d be fair to say that more and more of us have ethics and sustainability at the forefront of our minds when we are making purchases and we are increasingly trying to support businesses which aim to bring about positive social and environmental change.Having recognised just that, our latest startup of the week has been created with all of us conscious consumers in mind.
Koin Rewards is an “ethical rewards app reimagining loyalty through responsible shopping and tokenisation”.
Here’s how it works:
Firstly connect your payment card to your Koin account. Each time you make a purchase from one of the responsible brands or merchants that they have partnered with, you will collect Koin rewards. These rewards can be collected via both online and in store purchases.
Spending your Koin rewards is straightforward too - simply generate a voucher in the app and redeem it when you are next shopping.
You can also use your Koin in other ways - you can donate it to help development projects all across the world; you can use it to offset your carbon footprint; you can invest it and thereby build your own impact investment portfolio. And you can even turn it into cash and spend it or gift it to someone else.
Whilst loyalty programs are always popular within the retail sector, it is refreshing to see a loyalty program which not only rewards consumers but which at the same time encourages them to make more meaningful purchases and choices.
“Rewarding the meaningful” - a very worthy mission! Wouldn't you agree?
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Saalim Chowdhury joins the Techstars London team and will lead the growth and expansion of its startup accelerator.
Thinking about investing in an EIS? Here's an overview of a few of the things that you should consider before doing just that.
Swiss startup Saporo secures major investment to support its mission of making cyber security accessible to all organisations.
Sodexo and L Marks open call for applications from new and innovative startups to join their inaugural UK Accelerator programme.
.jpg)
Innovative LawTech startup Legal Utopia crowdfunding via Seedrs to support its mission of disrupting the legal industry via its AI-powered app.
unplugged is a startup that's on a mission to help you unplug from your devices so that you can completely recharge.
Matter is an innovative startup on a mission to develop pioneering technology solutions for capturing, harvesting and recycling microplastics.
New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
Looking for ways to attract new employees to your startup? Here are some tips to help entrepreneurs entice talented candidates.
 - In cradle 2.3.png)
Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
Published on: 8th August 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Techstars London welcomes Saalim Chowdhury as its new Managing Director 28th Jan 2022 Saalim Chowdhury joins the Techstars London team and will lead the growth and expansion of its startup accelerator.
- Innovation 2121 aims to inspire young people to help shape Northern Ireland’s next 100 years. 21st Jan 2022 New initiative from Young Enterprise NI and the Department of Education aims to inspire future innovation and creativity from Northern Ireland's young people.
- Imaging experts epipole secure investment to support US growth 20th Jan 2022 Retinal imaging specialist epipole target US growth following £1.3m fundraise and appoint new CEO to accelerate the commercialisation of epiCam.
- Early stage tech startups sought for Raise Spring Accelerator programme 18th Jan 2022 Need some support to validate your startup and get investor-ready? The Raise Spring Accelerator programme is open for applications and will give you just that!
