Thank U Rewards Platform is a multi-merchant rewards platform that works both offline and online. The scheme engages and rewards customers of Thank U Cash partner Retailers and Service owners and also creating growth for businesses under the Thank U Cash Brand.
The Company is poised to utilize data for business growth, reward customers for shopping, create credit for customers and engage customers by providing the best products as the most affordable price.
With Thank U Cash everyone benefits and we have localised the shopping experience while creating a community of shoppers and growing businesses.
The Company is poised to utilize data for business growth, reward customers for shopping, create credit for customers and engage customers by providing the best products as the most affordable price.
With Thank U Cash everyone benefits and we have localised the shopping experience while creating a community of shoppers and growing businesses.
Location: Nigeria, Lagos
Employees: 51-200
Total raised: $5.3M
Founded date: 2018
Investors 2
| Date | Name | Website |
| - | 500 Startu... | 500.co |
| - | Unicorn Gr... | unicorngro... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 16.01.2022 | Seed | $5.3M | - |
Mentions in press and media 25
| Date | Title | Description |
| 16.01.2022 | ThankUCash, a Nigerian rewards startup, has raised $5.3 million in a seed round to fund its growth | ThankUCash, a Nigerian multi-merchant rewards network, has raised US$5.3 million in seed capital to help it expand into other countries and develop new products. The seed round was co-led by 500 Global and Unicorn Growth Capital, with parti... |
| 13.01.2022 | ThankUCash raises $5.3m seed for BNPL and launch remittance service | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| 12.01.2022 | ThankUCash targets the BNPL opportunity in Africa after raising $5.3m seed | Buy-now-pay-later (BNPL), a short-term consumer financing that allows shoppers to purchase products online and pay in installments with nominal or no fees, is sweeping the global e-commerce sector. Afterpay, Klarna, Affirm, and Zip are some... |
| 11.01.2022 | ThankUCash, a Nigeria-Based Rewards App, Closes $5.3M Seed Round | ThankUCash, a loyalty, deals, and rewards platform targeting African markets, this week announced the close of a $5.3 million seed funding round. The company launched in 2018. The round was led by venture capital firms 500 Global and Unicor... |
| 10.01.2022 | Nigeria’s ThankUCash secures $5.3M to build infrastructure for cashback, deals and BNPL services | Loyalty, deals and rewards services are a rarity in most African markets. The unit economics and other factors such as currency instability make such businesses hard to pull off in the region. Yet, ThankUCash, a platform launched in 2018 by... |
| 10.01.2022 | DEAL: ThankUCash raises $5.3 million seed fund to build infrastructure for BNPL and launch remittance service | --> --> Nigeria’s leading multi-merchant rewards platform ThankUCash has raised $5.3 million in seed funding. The seed round was co-led by 500 Global and Unicorn Growth Capital with participation from Expert Dojo, Predictive VC, SaaS ... |
| 22.11.2021 | Ex-DealDey managers reunite to launch ThankUCash deals | The collapse of DealDey, a Nigeria-based online deals aggregator, three years ago, laid bare the difficulty of operating an internet-based commerce business in the country, especially with the similar failures of Efritin and OLX at the time... |
| 11.02.2021 | Connected Analytics, parent company of ThankUCash, raises seven-digit pre-Series A to expand operations | Share this article: Nigerian retail-tech/analytics startup, Connected Analytics, has secured a seven-figure pre-Series A funding. The round, (exact figure of which CEO, Simeon Ononobi asked to keep private) was led by Hong Kong’s Betatron V... |
| 12.02.2020 | Connected Analytics, parent company of ThankUCash, gets accepted into 500 Startups as the only African startup in its 26th batch | Share this article: Nigerian data analytics and rewards startup, Connected Analytics, has been selected to join the 26th batch of US-based accelerator, 500 Startups. 500 Startups is a seed-stage accelerator with more than two thousand compa... |
| 11.02.2020 | Meet 500 Startups’ 26th batch of startups | Following TechCrunch’s coverage of 500 Startups’ 25th batch (and numbers 24, 23, 22, and 21, in case you wanted to go back in time), today we’re saying hello to the accelerator’s 26th cohort. 500 Startups, in case you weren’t aware, is a se... |
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