Work Here?
Overview
BenjaminOne.com is a fintech platform that helps consumers, retailers, and brands earn money through cash back rewards, offering users a free debit card that gives cash back on every purchase. Consumers use the card for everyday spending, earn cash back, and can share purchases with friends to unlock extra rewards, while retailers and brands run targeted cash back campaigns and earn a revenue share from customers’ spending. The company earns fees by taking a small cut of cash back and by charging businesses to run campaigns and access its network. Its goal is to grow a large, active network of users and advertisers by combining cash back marketing with revenue sharing to boost earnings and loyalty for all participants.
About Benjamin
Industries
Consumer Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$6.2M
Headquarters
New York City, New York
Founded
2022
Simplify's Take
What believers are saying
- Benjamin raised $5.5M seed from Play Ventures and F4 Fund in March 2024.
- Benjamin grew to over one million users through gamified cash rewards.
- Benjamin partnered with Travel.win on October 2, 2023, for travel rewards.
What critics are saying
- Rakuten and Ibotta dominate with 80% market share, starving Benjamin's adoption.
- App Store complaints on low $30–50/month payouts trigger mass uninstalls.
- F4 Fund pulls funding after stagnant DAU growth, forcing insolvency in 18–24 months.
What makes Benjamin unique
- Benjamin integrates AR via New Thing Co. acquisition for immersive money moments.
- Benjamin offers debit card cash back on all purchases plus revenue sharing for retailers.
- Benjamin enables earning from 1,000+ games, surveys, and receipts in one app.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$6.2M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Remote Work Options
Flexible Work Hours
Wellness Program
Mental Health Support
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Stock Options
Company Equity
Paid Vacation
Paid Sick Leave
Paid Holidays
Hybrid Work Options
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 2%2 year growth
↑ 16%Benjamin Capital Partners acquires New Thing Co. to integrate augmented reality rewards into the Benjamin app, secures $13 million capital raise and plans for expansion.
Benjamin Capital Partners has acquired augmented reality firm New Thing Co. to boost "money moments."
Benjamin Capital Partners announced the closing of a $5.5 million seed round from Play Ventures and F4 Fund.
Benjamin Capital Partners, based in Oulu and New York, has secured $5.5 million in seed funding from Play Ventures, F4 Fund, and other prominent investors, including Anton Gauffin, Shane Happach, and Ilkka Teppo.
NEW YORK and OULU, Finland, March 28, 2024 /PRNewswire/ - Benjamin Capital Partners announced today the closing of a seed round, raising a total of $5.5 mil.
There are no jobs for Benjamin right now.
Find jobs on Simplify and start your career today
About Benjamin
Industries
Consumer Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$6.2M
Headquarters
New York City, New York
Founded
2022
There are no jobs for Benjamin right now.
Find jobs on Simplify and start your career today