[January 24, 2024]

BlinkSky Exits Stealth to Digitally Transform the Payments Industry

2023 marked a significant milestone for BlinkSky, a global payments platform that delivers secure, interactive and customizable digital cards, real-time at scale. Among its most recent accomplishments, BlinkSky raised $1.5M in its initial private round, with investment participation from industry luminaries, including former c-suite executives from Systems and Methods, Inc. (SMI), MetaBank, Fiserv and InComm.

"Our initial round, especially in a challenging economic climate, is a testament to the hard work of our team and the innovative potential that our platform unlocks," said BlinkSky Chairman and Founder Mark Chambers. "We're not just creating basic codes and pins on plastic; we're crafting a new mobile-first experience to revolutionize how our customers interact with digitally stored value on any device."

Based in Atlanta, BlinkSky offers an advanced web portal or cloud-scale API to hundreds of digita gift card brands and digital prepaid cards that are securely delivered on-demand via SMS or email for instant use in-store or online. Among BlinkSky's most recent milestones, the company celebrates:

• Welcoming government payment solutions provider Systems and Methods, Inc. (SMI) as a major client and strategic investor.
• Expanding collaboration with Berkshire Hathaway Home Services, allowing agents nationwide to purchase digital cards for rewards and incentives.
• Piloting exploratory digital use cases to developing markets, the company onboarded Jamaica Public Service Company (JPS), Jamaica's largest power company, delivering digital utility payments end-to-end.
• Partnering with Marriott Bonvoy to introduce a new class of digital rewards and incentives for enterprise customers around the globe.

"Our journey ahead encompasses harnessing the transformative power of digital stored value for our customers," said Chambers. "We are at the cusp of a digital revolution in payments, and BlinkSky plans to play an active role in the charge."

About BlinkSky

BlinkSky is a global leader in digital payments, offering a wide range of digital gift card options for various industries to incorporate branded transactions for a mobile-first, frictionless user experience. BlinkSky's innovative platform aims to transform digital payments, empowering customers to engage beyond traditional physical gift cards with a flexible mobile-first rewards and incentives experience. For a complete list of global brands available for corporate digital delivery visit blinksky.com/brands

View source version on businesswire.com: https://www.businesswire.com/news/home/20240124856759/en/

[ Back To TMCnet.com's Homepage ]