MoPals
Company

Last deal

$2.2M

Amount

Seed

Stage

18.02.2013

Date

1

all rounds

$2.2M

Total amount

General

About Company
MoPals is a social media loyalty platform that monetizes the social influence of members and partners.

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Also Known As

MortgageBrokers.com

founded date

02.08.2012

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

MoPals™ offers a modern loyalty program for the tech-savvy Generation Y, using a unique digital currency called MoMiles™. Members can earn MoMiles™ by making purchases, referring friends, completing polls, and engaging with brands on social media. The platform also helps businesses increase brand engagement and return business by providing personalized offers and recommendations. Social media influencers can monetize their following, while retailers can convert their social media following into brand ambassadors. Competitors include Yelp, Foursquare, Air Miles, and Aeroplan. The company is subject to Canadian and American laws and regulations for internet businesses.
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