Prizeout
Gift card-driven ad campaigns platform
Account Executive
+ Uncapped commission + Stock options
Five days per week in the New York City office required.
About the job
- At least 2 years of experience in an SDR, BDR, or early-stage sales role.
- Proven ability to conduct cold outreach and book meetings.
- Ability to carry a deal beyond the first meeting.
- Ability to remain persistent and resilient through long sales cycles and rejection.
- Ability to work in an organized and self-directed manner and manage a pipeline independently.
- Ability to work effectively with coaching and develop toward a senior closing role.
- Ability to work five days per week in the New York City office.
- Authorization to work indefinitely for any employer in the United States.
- Ability to build relationships with prospects and stakeholders.
- Own a book of credit union prospects from cold outreach through close.
- Conduct prospecting through cold calls, cold email, LinkedIn, and other outreach channels.
- Research and build target account lists and identify executives and decision-makers at each institution.
- Run discovery calls and customized product demos.
- Manage deals through long sales cycles and maintain momentum toward next steps.
- Represent Prizeout at industry conferences and events.
- Own the sales forecast and keep the customer relationship management system clean.
- Test and iterate on messaging, sequences, and outreach channels.
- Experience in a closing role.
- Experience selling into financial institutions, credit unions, or fintech.
About the company
Prizeout provides gift card–driven advertising campaigns for retailers and brands. It operates in the ad tech space by partnering with retailers to create gift card–based campaigns that reward consumers and drive sales. How it works: retailers pay Prizeout to design and distribute campaigns via Prizeout’s platform, enabling quick launch of targeted ads that offer gift cards as added value. The platform leverages gift cards to increase consumer engagement and offer more flexible, value-driven incentives than traditional ads. Prizeout differentiates itself by focusing on the intersection of gift cards and marketing, turning gift card offers into scalable growth campaigns rather than standard display or search ads. Its business model centers on fees charged to retailers for using its platform and services. The company's goal is to help retailers grow sales and engagement by delivering gift card–powered campaigns that provide value to consumers while expanding advertisers’ reach.
Company Size
51-200
Company Stage
Series B
Total Funding
$37.5M
Headquarters
New York City, New York
Founded
2019
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Simplify's Take
What believers are saying
- Coastal Credit Union expanded Prizeout in June 2026 to 297,000 members.
- United Financial and Redstone launched Credit Card Rewards in February 2026.
- Prizeout hosted twenty credit unions in July 2026, signaling active product pull.
What critics are saying
- Credit unions can replace Prizeout with Cardlytics, PayPal, or bank-native rewards quickly.
- Prizeout depends on financial institutions; one major partner loss cuts recurring revenue fast.
- If CashBack+ adoption stalls after 2026 pilots, Prizeout becomes a niche gift-card vendor.
What makes Prizeout unique
- CashBack+ unified gift cards, actions, and credit card rewards for credit unions.
- Prizeout positions itself as the only end-to-end rewards platform built for credit unions.
- Its 2026 integrations let members earn real cash inside existing digital banking apps.
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Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -4%2 year growth
↓ -2%Coastal Credit Union now live with CashBack+ Credit Card Rewards. By GlobeNewswire June 3, 2026 Long-time Prizeout credit union partner expands relationship with CashBack+ Credit Card Rewards; Coastal Signature Premier Rewards Visa(R) holders now earn cash back every time they swipe NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) - Today, Coastal Credit Union announced an expanded partnership with Prizeout, going live with credit card rewards inside CashBack+, giving the Raleigh-based credit union's more than 297,000 members a new way to earn real, instant cash back on everyday credit card purchases, directly inside their existing digital banking platform. Coastal Signature Premier Rewards Visa(R) holders can now earn cash back on credit card spending alongside gift card purchases - all within CashBack+, completing a fully integrated rewards experience that competes head-to-head with the biggest banks, fintechs, and credit card rewards companies. The announcement builds on Coastal's existing Prizeout partnership, through which active CashBack+ members are on track to earn $150+ annually in cash back on gift card purchases in digital banking and on the CashBack+ Pay app. With the addition of CashBack+ credit card rewards in digital banking, Coastal members can now earn cash back on their credit card transactions, all within a single unified CashBack+ balance. No points or complex conversions, just real cash. "Our goal was simple: give members an improved rewards experience without changing what they already value. With this conversion, members kept a familiar earning structure and gained a simple, more flexible way to access and use rewards," said TJ Wyman, Coastal's Chief Digital Officer. "Bringing everything into one platform that's already proven to be successful makes everyday banking easier and more rewarding and creates an ecosystem for building a holistic rewards program to support even more member touchpoints." "Credit unions have always put their members first, and our job is to make sure the technology reflects that," said Sherleen Wang, VP of Product at Prizeout. "CashBack+ Credit Card Rewards was built to be simple for members and flexible for the institution. Rewards show up as real cash, right inside the banking platform members already trust and use every day. For Coastal, that means a world-class rewards program that feels fully integrated into their brand and digital experience - not bolted on as a separate destination." Credit card rewards is the final addition to CashBack+, Prizeout's comprehensive rewards ecosystem that now unites gift card offers, engagement actions and credit card transactions into one unified platform accessible directly within a credit union's digital banking environment. Unlike traditional credit card rewards programs that rely on clunky third-party portals and vague points systems, CashBack+ is designed around simplicity, transparency, and credit union control. Institutions set their own cash back percentages and categories, tailoring programs to their members and business strategies. Prizeout is the only provider offering an end-to-end rewards platform built specifically for credit unions and their members. About Prizeout: Prizeout is an advertising and financial technology company that helps put money back into people's pockets. Through Prizeout's technology, brand-funded offers are available to all partners, including financial institutions, gaming companies, gig economy startups, and more, giving them access to instant cash back from national and local brands when they shop with digital gift cards. The company was founded in 2019 and is headquartered in New York City. For more information about Prizeout, please visit www.prizeout.com. About Coastal Credit Union: Coastal Credit Union is a not-for-profit, member-owned financial cooperative headquartered in Raleigh, NC. With more than $6 billion in assets and 297,000 members across 22 locations in central North Carolina, Coastal has been a leader in digital banking innovation since its founding in 1967. For more information, visit coastal24.com. Media Contact Andrea Holland, Communications
Prizeout has launched its Credit Card Rewards programme, completing its CashBack+ ecosystem for credit unions. The platform integrates credit card transactions with existing CashBack+ Offers, Actions and Pay into a single rewards system accessible through credit unions' digital banking platforms. The programme allows credit unions to set their own cashback percentages and categories, with rewards displayed as cash rather than points. Members can manage everything within their existing online banking without separate portals or apps. United Financial Credit Union and Redstone Federal Credit Union are the first to adopt the programme, with additional credit unions signed on. The launch positions New York-based Prizeout, founded in 2019, as the only provider offering an end-to-end rewards platform designed specifically for credit unions.
Michigan State University Federal Credit Union partners with Prizeout to provide cashback rewards and drive digital engagement, replacing declining interchange revenue.
NEW YORK, Feb. 01, 2024 (GLOBE NEWSWIRE) - Prizeout Corp. (Prizeout), the ad-tech company with fintech behavior that turns cash withdrawals into growth solutions for brands, has partnered with Brooklyn-based Meltek, the climate tech startup that empowers residential and small business customers to get paid via rewards for reducing electricity usage at peak demand times.
Today, Stanford Federal Credit Union is announcing their live integration with Prizeout, an ad-tech company that will give Stanford FCU members access to bonuses on their spending and support for local community merchants.