Founded in 2020 by Daricus Releford, StoreCash is a mobile payment solution that lets users pay and receive cash-back rewards immediately. The app integrates its API with fintech partners and alerts users when retailers like H&M, Gap, or AMC offer cash back. In person, customers scan a QR code generated by the app; online, users manually enter a serial number and barcode to complete transactions. Cashback is primarily earned through affiliate marketing and card rewards, and StoreCash emphasizes faster, larger returns than competitors. The company reports StoreCash users earn around $900 annually just by using the app. StoreCash plans to add budgeting features to help users better track and organize their finances, and will use new capital to expand product development and the team.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2024