BitRewards
Nigeria
2021 Revenue
$1.3M
Customers
500
Avg ACV
$2.5K
Team
15
Founded
2012
BitRewards Revenue (2021)
BitRewards generated $1.3M in revenue in 2021.
GIFTD is a data-driven platform of rewards and loyalty solutions for online retailers.
Problems and solutions
Retailers' problem: Retailers are lacking simple and powerful tools to issue their digital gift cards and coupons and distribute them across their online channels.
Solution: Giftd enables retailers to sell or distribute for free their gift cards on their web site, social networks, and partner sites, achieving higher sales, and incentivizing positive actions of their customers with free gift cards.
Clients' problem: People need easy gifting solution on websites of retailers. They want their gifts to be delivered instantly and remotely. They also want to be appreciated for their loyalty, but to avoid hassle of signing up for loyalty programs.
Solution: GIFTD is a quick and clear way to send gift cards of retailers across different channels. Clients can be motivated by GIFTD through immediate flexible "gifts"-discounts, which are simple to use, and do not necessarily require a .
Last updated
BitRewards Revenue
In 2021, BitRewards's revenue reached $1.3M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | BitRewards Hit $1.3m revenue in April 2021 | Not recorded |
| 2012 | Launched with $0 revenue |
Founder / CEO
Alexander Egorov
CEO
Alexander Egorov is the CEO at Bit Rewards. Before, the features provided by default in BitRewards were affordable only to the big companies with internal IT departments, that spent millions on R&D. Today you don't need to develop outside of your core focus area! Integrate the best fitting solutions and innovate by trying and measuring the effects from the new solutions.
Customers
BitRewards serves 500 customers.
BitRewards Employees & Team Size
BitRewards employs approximately 15 people as of 2026. It serves 500 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 15 employees (April 2021) | Not recorded |
Frequently Asked Questions about BitRewards
Is BitRewards still operating?
No. BitRewards has shut down.
What is BitRewards's revenue?
As of 2021, BitRewards generated $1.3M in revenue.
Who founded BitRewards?
BitRewards was founded by Alexander Egorov.
When was BitRewards founded?
BitRewards was founded in 2012.
How many employees does BitRewards have?
As of 2021, BitRewards had 15 employees.
Where is BitRewards headquartered?
BitRewards is headquartered in Nigeria.
Compare BitRewards to the industry
BitRewards operates across multiple industries. Browse revenue, funding, and growth data for BitRewards in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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