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Australia's REFFIND just bought into US blockchain leader Loyyal Corporation

New York based blockchain powered loyalty rewards platform Loyyal has raised a $2.3m funding round from REFFIND.

The $US2.3 million investment will give REFFIND an equity stake in Loyyal of between 12.8% and 14.8% and board representation. The deal also gives REFFIND exclusive performance-based licensing rights to Loyyal’s blockchain-based loyalty and rewards platform for select countries in the Asia Pacific region. San Francisco-based Loyyal is the first to leverage the advantages of blockchain for the global loyalty and rewards industry.

Tags

funding, blockchain