Stage: Revenue generating
Number of employees: 6-15
Investment Firms: Serra Ventures
Investors: Ed Kniep
OPER (Order. Pay. Earn. Redeem) is the first mobile payment of it's kind offering free transactions to merchants. No more credit card fees, commissions, or montly fees. For users - earn 5% back on every purchase into one central rewards account.
We are a data company scaling as a consumer facing payment app. By offering free transactions and hyper targeted geo fenced advertising to our customers, we can scale our business profitably while we develop our data packaging to be sold into enterprise chains as well as other large corporations in need of offline transaction level data.
To merchants/restaurants, we offer free credit card processing (first mover). To users, we offer a non-conflicting 5% dining cash back reward (highest cumulative reward platform).