SKUx
SKUx operates an item-level payments platform that enables organizations to deliver digital incentives to mobile wallets, control spending at the individual SKU item level, and gain real-time transaction intelligence at checkout. The platform spans a network of over 93,000 store locations and serves solutions across payments and promotions, offers and promotions, loyalty solutions, customer care, humanitarian aid…
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About
SKUx operates an item-level payments platform that enables organizations to deliver digital incentives to mobile wallets, control spending at the individual SKU item level, and gain real-time transaction intelligence at checkout. The platform spans a network of over 93,000 store locations and serves solutions across payments and promotions, offers and promotions, loyalty solutions, customer care, humanitarian aid and recovery, and preventive care and wellness. SKUx's delivery workflow enables customers to scan a promotional QR code in-store, receive a secure personalized link via SMS, access a branded mobile landing page, review and accept terms, and have the digital payment activated and delivered to their mobile wallet within 30 seconds. The platform provides built-in spend controls defining where, when, and how incentives can be redeemed, instant digital delivery of branded offers, real-time transaction visibility and reporting, and blockchain-backed payment infrastructure designed for security, speed, and flexibility. Over 50% of the largest CPG companies have leveraged SKUx, with over 290% growth in digital prepaid cards issued year over year and over 90% client retention. The platform serves industries including CPG, sports and entertainment, healthcare, travel and hospitality, retailers and merchants, and aid organizations. SKUx enables use cases such as item-level promotional offers, high-value flexible loyalty rewards, streamlined reimbursements and claims, timely financial relief delivery with traceability, and business-funded health and wellness program support. Founded in 2018 and headquartered in Tampa, Florida, SKUx has raised $26.4M in Series A funding from investor Advection Growth Capital. The team comprises 33 employees.
Business model
Cybersecurity > Anti Fraud > Financial Fraud > Payment Fraud,
Security & Surveillance Technology > PIAM > Biometrics System > Multi-modal Biometrics,
Image Recognition > Applications > Identity Verification,
Payments > Enablers > Payment Security > Payment Fraud Detection,
RegTech > Fraud Detection > User Authentication > Payment Transactions
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