Joko

Joko

About Joko

Simplify's Rating
Why Joko is rated
C-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Entertainment

Company Size

51-200

Company Stage

Series A

Total Funding

$12.5M

Headquarters

Paris, France

Founded

2018

Overview

πŸ“ˆ
Significant Headcount Growth
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Simplify's Take

What believers are saying

  • Joko raised €10M to expand its cashback rewards program in Europe.
  • The European fintech market is projected to grow at 11.2% CAGR until 2028.
  • Increased consumer interest in cashback programs boosts Joko's market potential.

What critics are saying

  • Intensifying competition in fintech could dilute Joko's market share.
  • Regulatory scrutiny in Europe may increase compliance costs for Joko.
  • Economic downturns in Europe could impact Joko's cashback service usage.

What makes Joko unique

  • Joko offers a unique app that rewards users for everyday expenses.
  • The app allows shopping on any website, enhancing user convenience.
  • Joko's integration with bank cards simplifies the cashback process for users.

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Funding

Total Funding

$12.5M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$11M
Joko
$15M
Canva
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

↑ 22%

1 year growth

↑ 15%

2 year growth

↑ 2%
Medium
Jul 21st, 2021
Hellojoko launched version of the app on Jul 20th 21'.

Yesterday, Hellojoko released a new version of the app that makes it possible for you to shop on any website using Joko.

Silicon Canals
Oct 8th, 2020
This Paris based fintech startup rewards you for your everyday expenses; raises €10M

Joko, a mobile app that rewards its users every time they spend using its bank card raised €10M funding from Partech and Axeleo. Read more..

Tech.eu
Oct 8th, 2020
Paris-based fintech startup Joko seals €10 million Series A to expand cashback rewards program

Joko, a French fintech company aiming to disrupt cashback rewards, has raised a €10 million Series A round to begin expanding into other European countries. The funding comes from two French VCs, Partech and Axeleo, who also participated in a €1.6 million seed round last year. Based on the Open Data initiative enabled by the […]

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