CashStar to Hire after $15 Million Fundraising Round
Digital gifting and payment company CashStar announced Wednesday it closed a $15 million round of financing it plans to use to add employees to its sales and client relations teams. The latest fundraising through equity and stock warrants that began Feb. 26, according to a regulatory filing, brings the company’s total capital raised to $50 […]
CashStar Raises Capital: New Investment Boosts Total to $50 Million
A $15 million Series D round led by FTV Capital has boosted the total capital of prepaid solutions provider, CashStar, to $50 million. New investor Mosaik Partners and current investors, Passport Capital, Intel Capital, and North Hill Ventures also participated. The additional capital will help CashStar invest in product innovation, sales, and “client success.”
Electronic Gift Card Startup CashStar Raises $15M
CashStar, the company behind the Starbucks, Best Buy, and Aeropostale’s electronic payment and gift card system, announced that it raised $15 million for its series D round. The company, created by Coupons.com founder and CEO Steven Boal, partnered with LivingSocial in 2012 for a Starbucks campaign to boost the coffee giant’s sales for its fourth […]
Portland’s CashStar Raises $15 Million in Capital to Fuel Growth
The pioneer in the digital gift-card industry needs to hire up to 50 more people to handle new work and expand client services.
Executive Profile Series with Ben Kaplan from CashStar
CashStar President and CEO Ben Kaplan sits down with Payments Journal to discuss the evolution of the payments industry.
Announcing the Top 2015 Global 250 Private Companies
The 13th annual AlwaysOn Global 250 winners represent the most promising private companies creating enormous opportunities and inventing new categories across the global technology landscape. CashStar was among the winners announced.
Study IDs Most Important Shopper for Retailers
The Texas A&M Center for Retail Studies, Retail TouchPoints and CashStar have released results from their recent study showing about half of shoppers (53%) can be called Brand Mavens – and these shoppers share five key traits. They are pervasive and influence other shoppers across the spectrum of restaurants, department stores and fashion brand; these […]
‘Brand Mavens’ Key to Retailers’ Long-Term Success: Report
Brand Mavens wield considerable influence over retailers’ success, according to a recent survey from CashStar and Texas A&M’s Center for Retail Studies. Brand Mavens often motivate peers to make trial and repeat purchases through gift cards, the study says. Such branded currency forms the foundation of their digital engagement. On average, they spend $1,100 on gift […]
People on the Move: Martin Hood, CashStar
CashStar, a provider of digital gifting technology and Paybefore Award winner, has appointed Martin Hood as vice president of channel partnerships. He will oversee the company’s growing B2B distribution business, including partner sales, services and operations. Hood has nearly 20 years of experience in the prepaid and incentives market. Hood previously was vice president of partnership sales for […]