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Foodcoin

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Foodcoin AI, S.L.

Foodcoin AI, S.L. operates a digital platform named FOODCOIN, offering a cashback service to users at hospitality establishments. Users receive digital tokens as cashback for their purchases. The platform features two types of tokens: 'FoodCoins', which are universally accepted across the network in Spain with a standard 3% cashback, and 'LocalCoins', which are specific to client businesses that can customize their cashback rates and are redeemable only within their own establishments. The service includes a digital wallet, payment processing, and token conversion. For businesses, FOODCOIN acts as a tool for customer loyalty, promotion, and visibility via an interactive map in the app. The payment infrastructure is managed by PECUNIA CARDS EDE, S.L.U. (“PECUNPAY”).
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Funding Rounds

Funding Round: Seed
Funding Date: 1 Feb, 2022
Raised Amount: $339K