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Stock impact report

StoreCash's new app lets you instantly earn cash back at stores [TechCrunch]

RAKUTEN GROUP INC S/ADR (RKUNY) 
NASDAQ:AMEX Investor Relations: global.rakuten.com/corp/investors
Company Research Source: TechCrunch
business, making millions in sales before moving to Silicon Valley to pursue his dreams in tech. Entrepreneurship simply runs in his family, he told TechCrunch. “My grandfather was one of the first Black hotel owners in the U.S., and my mom always started businesses. I think it's just in my blood,” he continued. It's no wonder then, that no matter what tech job he took he always found himself going back to launching something new. In 2020, he founded StoreCash , a mobile payment solution that lets users pay for items and earn maximum cash-back rewards. He said he launched the company because he wanted to help people save more money. Releford said StoreCash is different from its competitors because it transfers cash back to consumers immediately, in comparison to others which offer lower returns that also take longer to get to customers. “Knowing about 56% of Americans have less than $1,000 in savings, I wanted to help the average American build generational wealth,” he said. “No Show less Read more
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