Bitcoin Rewards Platform Lolli Raises $8M In Series B Funding To Scale Enterprise Offering
Summary
Summary: Bitcoin rewards application Lolli has raised $8 million in a funding round led by BITKRAFT Ventures, enabling the company to expand its rewards program to enterprise partners. Since its launch in 2018, Lolli has formed partnerships with over 25,000 stores, allowing users to earn Bitcoin or cashback on purchases. The company plans to expand its network to over 100,000 stores by 2025. Lolli's users have seen their Bitcoin rewards appreciate over time due to the cryptocurrency's surge in value, and the company aims to capitalize on the growing crypto adoption by introducing new features, forging partnerships, and enhancing financial education offerings in 2024.
