# Wingo Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wingo-technologies

- Industry: Financial Services
- Headquarters: Montreal, Canada
- Website: www.wingocard.com
- Total disclosed funding: $3.7M
- Latest round: Seed (May 19, 2021)
- Investors on record: 2

## About

Wingo Technologies, Inc. specializes in digital payment solutions, primarily through a mobile application that streamlines gift card management and enhances customer loyalty in retail environments.Wingo Technologies, Inc. was founded in 2019 and is headquartered in Montreal, Canada. The company focuses on providing a digital payment solution that allows users to manage gift cards and loyalty rewards. In May 2022, the company discontinued its operations. The founder's prior entrepreneurial experience is not specified. The company has raised a total of USD 1.70 mn across 3 deals, with the most recent Seed round led by Panache Ventures on May 18, 2022.WingoCard offers a unique digital payment solution designed to enhance the customer experience in retail environments. Their primary product is a mobile application that enables users to manage and utilize gift cards and loyalty rewards seamlessly. The application integrates with various retailers, allowing consumers to store multiple gift cards in one place, track balance information, and access promotional offers directly. WingoCard also provides a platform for retailers to engage with customers through personalized promotions and analytics that help drive customer loyalty and repeat purchases. The company targets the North American market, focusing on partnering with retail chains and service providers to offer these solutions.WingoCard generates revenue through a subscription-based model for retailers and service providers that utilize their platform for managing gift cards and loyalty programs. Retailers pay a monthly fee to access the analytics and promotional tools offered by WingoCard, allowing them to optimize their marketing strategies and customer engagement efforts. Additionally, the company may earn transaction fees from each redemption of gift cards processed through their application. This structure supports a B2B relationship, where WingoCard collaborates closely with its retail partners to enhance their customer service and retention strategies. The flagship product, their mobile application, is central to these transactions, facilitating a streamlined experience for both the consumers using the app and the retailers engaging with their customer base.In May 2022, Wingo Technologies, Inc. discontinued its operations, thereby halting any future growth plans related to new product launches or market expansions.

## Funding rounds

- Seed, May 19, 2021, $1.7M — Diagram, Panache Ventures
- Seed, Jul 28, 2020, $2M — Diagram

## Investors

- Diagram (https://capitalatlas.ai/funds/diagram) — Seed
- Panache Ventures (https://capitalatlas.ai/funds/panache-ventures) — Seed