How they describe themselves: FreeMonee is the world’s only national gift network – we connect millions of credit and debit cardholders from the world’s largest financial institutions with national and local merchants. The merchants offer FreeMonee gifts – monetary incentives – to individual cardholders through the financial institutions. FreeMonee gifts function like a gift card on a debit or credit card, allowing consumers to purchase anything they want with the designated merchant, with no strings attached. The gifts are credited to the individual’s card account following the purchase. FreeMonee anonymously matches consumers to relevant gifts using their proprietary Adaptive Matching Technology that analyzes card transaction data to identify the highest value consumers for merchants.
How they describe their product/innovation: FreeMonee will demonstrate a powerful new extension of our gift platform that introduces a whole new way for consumers to interact with their financial institutions. The product draws on the power of FreeMonee’s analytics and scoring capabilities to create a new form of merchant search.