ACCESS Newswire

Engage People

Share
Engage People Experiences 43% Year-Over-Year Revenue Growth in 2021

Demand surges for leading loyalty network's "pay with points" technology and other innovative loyalty solutions

TORONTO, ON / ACCESSWIRE / July 28, 2021 / Engage People, the only loyalty network that enables program members to pay with points directly at checkout, today announced a 43 percent increase in year-over-year revenue in 2021. This tremendous growth was achieved even as domestic and international travel remained largely dormant and the entire Engage People team adjusted to working fully remotely.

"Traditional loyalty programs are increasingly relics," said Jonathan Silver, CEO of Engage People. "Loyalty program members are no longer satisfied with accumulating points with one brand and hoarding them until they can splurge on one large purchase with the same brand. They want and increasingly expect flexibility. Thankfully, in anticipation of this shift, we launched our pay-with-points capabilities, including the ability to pay with points directly at checkout. Since we first integrated this feature in 2020 with a large financial institution and a major ecommerce provider, we have been working with other partners to deploy it and the additional next-gen loyalty solutions that consumers want. It's gratifying that so many major brands recognize this capability and want to work with us."

Engage People signed two significant new clients in the first half of the year. The North American operations of a global bank joined the Engage People pay-with-points network. The network empowers consumers to pay with loyalty points as easily as they would pay with a debit or credit card during the online checkout process. Engage People also garnered a new bank client for its Podium Loyalty platform, which enables brands to engage loyalty members in the manner most meaningful to them in real time. The Engage People Podium Loyalty segmentation and communications tools as well as the storefront for key retail partners also were upgraded during the first half of 2021.

"Engage People is committed to innovation. We are dedicated to offering our partners the most transformative, data-driven, and seamless loyalty network technology in the industry," said CTO Len Covello. "We have strived to create the best loyalty network connection between financial institutions and brands and their customers in the industry and the response to our work has been immense. We are not resting on our laurels, however. We continue to endeavor to find ways to improve our products and services, expand our partnerships, and generally transform the loyalty industry."

Engage People is still adhering to the fully remote work policy it adopted early in 2020. The company hired 22 new employees in the period, and is seeking to fill multiple open positions, as its impressive momentum continues into the second half of 2021.

About Engage People

Engage People is the only loyalty network that enables program members to pay with points directly at checkout. The global technology provider connects loyalty programs with global payment systems and online retailers, and covers 100 percent of the top purchase categories in North America. Leading banks and retailers around the world rely on Engage People for its first-of-its-kind loyalty network and pay-with-points capabilities. Engage People is headquartered in Toronto, Ontario, Canada and has offices in the U.S., Canada and Italy. For more information visit: www.engagepeople.com.

CONTACT:
Kyle W. Kempf
Caliber Corporate Advisers
kyle@calibercorporate.com
888.550.6385 ext.19

SOURCE: Engage People



View source version on accesswire.com:
https://www.accesswire.com/657309/Engage-People-Experiences-43-Year-Over-Year-Revenue-Growth-in-2021

To view this piece of content from www.accesswire.com, please give your consent at the top of this page.

About ACCESS Newswire

DK

Subscribe to releases from ACCESS Newswire

Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from ACCESS Newswire

Pet Diets Are Quietly Contributing to Climate Change - but There's a Simple Fix21.5.2025 14:00:00 CEST | Press release

LONDON, UNITED KINGDOM / ACCESS Newswire / May 21, 2025 / Feeding your dog or cat might be doing more damage to the planet than you think. A new study has revealed that conventional meat-based pet food carries a largely unrecognized environmental cost - contributing significantly to land use, greenhouse gas (GHG) emissions, and climate breakdown. The review, just published, found that pet food production is closely tied to the livestock industry, which is responsible for at least one-fifth of annual global GHG emissions. With the world's pet population now approaching one billion animals, the impacts are no longer minor. In the United States alone, dog and cat diets account for 25-30% of the environmental toll of livestock farming. One analysis even found that a single medium-sized dog's diet in Japan had a greater environmental footprint than the average Japanese person's diet. But experts say there's a powerful - and practical - solution. Stated Billy Nicholles, the lead author, "Swi

Innodata to Participate in Multiple Upcoming Investor Conferences15.5.2025 16:15:00 CEST | Press release

NEW YORK, NY / ACCESS Newswire / May 15, 2025 / INNODATA INC. (Nasdaq:INOD), a leading data engineering company, today announced that it will participate in several upcoming investor conferences in May and June 2025. The scheduled conferences include: 22nd Annual Craig-Hallum Institutional Investor Conference May 28, 2025, Minneapolis TD Cowen 53rd Annual Technology, Media & Telecom Conference May 29, 2025, New York Stifel's Eighth Annual Boston Cross Sector Insight Conference June 4, 2025, Boston Maxim Group 2025 Virtual Tech Conference June 5, 2025, Virtual Mizuho Technology Conference 2025 June 10, 2025, New York Jack Abuhoff, CEO, and Aneesh Pendharkar, SVP of Finance and Corporate Development, will be available for one-on-one meetings with investors at each conference. Investors who wish to request a meeting with Innodata at any of these conferences should contact their representative at the sponsoring investment firm. Additionally, Jack Abuhoff will be presenting at the TD Cowen

Loar Announces Pricing of Secondary Public Offering14.5.2025 21:55:00 CEST | Press release

WHITE PLAINS, NY / ACCESS Newswire / May 14, 2025 / Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today the pricing of a secondary underwritten public offering of 9,000,000 shares of its common stock by certain of its stockholders at $83.41 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on May 16, 2025, subject to customary closing conditions. The selling stockholders will receive all of the proceeds from this offering. Loar is not selling any shares of common stock in this offering and will not receive any proceeds from this offering. Jefferies and Morgan Stanley are acting as lead book runners for the offering. Moelis & Company, Citigroup and RBC Capital Markets are additionally acting as book runners. Blackstone is acting as co-manager. An automatic shelf regis

Maxon Introduces New Real-Time Rendering and Cinematic Previews Solution for Architects14.5.2025 02:10:00 CEST | Press release

Maxon gives first preview of new solution with partner Vectorworks at AIA Conference on Architecture & Design 2025 BAD HOMBURG, GERMANY / ACCESS Newswire / May 14, 2025 / Maxon, maker of powerful, approachable software solutions for creators working in 2D and 3D design, motion graphics, visual effects, gaming and more, is further optimizing its cinematic rendering technology for architectural visualization (ArchViz). For decades, Maxon's technology has empowered top artists to achieve the impossible in both the real world and imaginary-from architecture, construction and product design, to mind-bending visual effects, animation and 3D sculpting. Now, that same level of excellence is being engineered specifically for architects and designers-expanding on the power of Maxon's Cinema 4D and Redshift solutions to meet the demands of real-world, real-time architecture design workflows. Seamlessly integrating with major CAD and BIM tools like Vectorworks, this new platform will allow users t

Loar Announces Launch of Secondary Public Offering13.5.2025 16:26:00 CEST | Press release

WHITE PLAINS, NY / ACCESS Newswire / May 13, 2025 / Loar Holdings Inc. (NYSE:LOAR) ("Loar") announced today the launch of a secondary underwritten public offering of 9,000,000 shares of its common stock by certain of its stockholders. In addition, such selling stockholders expect to grant the underwriters a 30-day option to purchase up to 1,350,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. Such selling stockholders will receive all of the proceeds from this offering. Loar is not selling any shares of common stock in this offering and will not receive any proceeds from this offering. Jefferies and Morgan Stanley are acting as lead book runners for the proposed offering. Blackstone is acting as co-manager. An automatic shelf registration statement (including a base prospectus) relating to this offering of common stock was filed by Loar with the Securities and Exchange Commission (the "SEC") on May 1, 2025 and became effec

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye