A Digital Marketplace Connecting Consumers with Dining Deals and Discounted Gift Cards
Giftify Inc. (NASDAQ: GIFT) operates digital commerce platforms designed to connect consumers with savings opportunities across restaurants, retail purchases, and gift cards through online marketplaces and merchant partnerships.
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About Giftify, Inc.
Giftify Inc. (NASDAQ: GIFT) is a digital commerce company that operates online platforms designed to connect consumers with savings opportunities across restaurants, retail purchases, and gift cards. The company works with merchants and brands to help promote offers while giving consumers access to value-driven purchasing options through its digital marketplaces. The focus is on building platforms that bring together merchants looking to reach new customers and consumers searching for convenient ways to save money on everyday purchases.
How Giftify (NASDAQ: GIFT) Connects Consumers and Merchants Through Digital Marketplaces
Giftify, Inc. (NASDAQ: GIFT) operates consumer marketplaces designed to help shoppers discover deals, purchase restaurant certificates, and access discounted gift cards through digital platforms. The company focuses on connecting merchants seeking new customers with consumers looking for convenient ways to save money on everyday purchases.
One part of the company’s business focuses on dining marketplaces where consumers can purchase restaurant certificates that can be redeemed at participating restaurants across the United States. Restaurants use these platforms as marketing channels to attract new customers and increase visibility, while consumers gain access to discounted dining opportunities.
Giftify also operates a digital marketplace where consumers can buy and sell gift cards. Through this type of platform, individuals can sell unwanted gift cards for cash or purchase discounted gift cards for popular retailers and restaurants.
Another part of the company’s ecosystem aggregates promotional offers and deals across categories such as dining, retail products, travel, and experiences. These marketplaces are designed to help consumers discover savings opportunities while providing merchants with additional exposure to potential customers.
Together, these platforms form a digital marketplace ecosystem that connects merchants with consumers seeking value-driven purchasing opportunities. Giftify generates revenue through marketplace transactions, merchant partnerships, and promotional marketing programs across its platforms.
As e-commerce and mobile shopping continue to expand, consumers increasingly turn to digital platforms to find savings on everyday purchases including dining, retail products, and gift cards. Marketplaces that connect merchants with consumers through deals and promotions have become a growing part of the broader digital commerce landscape.
PLATFORM ECOSYSTEM
Platforms Powering Giftify’s Digital Marketplace
Restaurant.com
A dining marketplace where consumers can purchase restaurant certificates redeemable at participating restaurants across the United States. Restaurants use the platform as a marketing tool to attract new customers and increase visibility.
CardCash
An online marketplace that allows consumers to buy discounted gift cards or sell unwanted gift cards for cash. The platform connects buyers and sellers within the secondary gift card market.
RedTag.com
A digital marketplace that aggregates promotional offers across categories such as dining, retail products, travel, and experiences. The platform helps consumers discover savings opportunities while giving merchants additional exposure.
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Meet The Giftify Leadership Team
Chief Executive Officer, Giftify Inc.
Ketan Thakker
Ketan brings over 20 years of leadership experience in the e-commerce and incentives industries. As the CEO of GIFTIFY Inc., Ketan oversees the strategic direction of the company, focusing on acquisitions, growth initiatives, and operational excellence. Under his leadership, GIFTIFY has expanded its portfolio and is positioned for continued growth in new verticals.
Chief Executive Officer, CardCash.com
Elliot Bohm
Seasoned entrepreneur with a diverse background in leveraging technology, both as an operator and a financier. Co-founded CardCash.com in 2009 and swiftly transformed the startup into one of the world's largest gift card exchange marketplaces. For his outstanding achievements, Forbes Magazine recognized Elliot as one of America's Most Promising CEOs under the age of 35, a prestigious list featuring only 22 individuals. His strategic vision has fostered key partnerships with industry giants such as Walmart, Amazon, CVS, and United Airlines, solidifying his reputation as a dynamic leader in technology-driven entrepreneurship. With a decade of experience in M&A, Elliot has successfully orchestrated investment and acquisition deals, raising over tens of millions in venture capital and debt financing from esteemed names like Guggenheim Partners, Incomm, Pathward, and Sterling National Bank.
Chief Operating Officer, CardCash.com
Mark Ackerman
Experienced operator, Co-founded CardCash.com in 2009, and played a pivotal role in evolving the operation from a startup with a handful of individuals into a thriving team of over 50 employees. His visionary leadership and management acumen have streamlined processes, ensuring the efficient coordination of various departments, including customer service, shipping, bulk sales, human resources, and loss prevention. With a track record of success, he continues to drive operational excellence and contribute to the growth of innovative ventures.
Chief Financial Officer, Giftify Inc.
Steve Handy
Steve Handy serves as Chief Financial Officer of Giftify, Inc., joining the company in August 2024. He brings more than 20 years of financial leadership experience, including guiding companies through growth phases, public offerings, and operational transformations. Prior to Giftify, he served as CFO of Sacks Parente Golf, Inc., where he played a key role in the company’s Nasdaq IPO and supported significant revenue growth. His previous leadership roles also include CFO positions at Opti-Harvest, Inc., Tix Corporation, SM&A, and Dot Hill Systems. Mr. Handy began his career as a Senior Auditor at Deloitte & Touche LLP and holds a Bachelor of Science in Management from California State University, San Marcos. He is a Certified Public Accountant in California.
Chief Technology Officer, CardCash.com
Tom Butt
Accomplished business and technology leader driven by a passion for discovering innovative approaches that yield outstanding results, Tom boasts an exceptionally diverse professional background. From his roles as a nuclear physicist and spacecraft engineer to his experiences as a software engineer, CTO, and CEO, Tom has navigated a varied and impactful career trajectory. His leadership extends across both corporate giants such as GE and Lockheed, as well as numerous startup ventures.
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Sources
- https://finance.yahoo.com/quote/GIFT/
- https://giftifyinc.com/
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