Lolli Raises $8M to Expand Bitcoin Rewards App to More Partners
• Lolli raises $8M in Series B funding to expand its bitcoin and cashback rewards program to more enterprise partners • New investors include BITKRAFT Ventures; funding will support rolling out rewards to exchanges, neobanks, banks, payments companies • App has grown to partner with over 25,000 stores; on track for 100,000 by 2025 • Users have earned over $10M in bitcoin rewards plus additional cashback • Company saw 35%+ increase in active users since Oct 2022; will use market momentum to bring on more partners and release new features