FinTech is reshaping rewards and here are some start ups to look forward to
26 April 2019 9:52 AM GMT
Earning rewards has become fun, instant and relevant
- In simpler terms, this app helps you earn rewards for reaching your fitness goals, like 10,000 steps in a day, and you can use these rewards across their partner platforms such as RBC, Aeroplan, Scene etc.
- I'm back in Toronto now, hopefully permanently, and when I came across a similar app, Delphia, across a similar startup event, I pondered how Carrot Rewards was doing since I couldn't use it in India for the last two years.
- The reward for each consumer is that you get to own a part of a portfolio of stocks not by investing money but by sharing your data through opinions, plans and behaviours and this is something we already do on some social media platforms, who by the way monetize this data and pay nothing to us.
- However, I believe for these models to succeed to their full potential, they would need a scale of adoption that is usually seen across traditional industries such as banking, insurance, social media or entertainment.
- To some extent so far since answering questions for rewards seems cool for a while
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