Cardagin snaps up USD4.25m for mobile loyalty platform

Mobile loyalty and advertising platform Cardagin Networks has closed a USD4.25m Series A-1 round of funding led by private and angel backers from New York, Tennessee, Georgia and Virginia. This investment brings the startup’s total raised to USD5.25m, having raised a USD1m series A in March last year. The Virginia-based network will use the new capital to bolster product development and expand its team. Cardagin offers a proprietary mobile platform to enable small, local merchants and businesses to design, scale, and monetise their mobile loyalty platforms, while giving their customers access to rewards and exclusive promotions.

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