FlockTag gets US$1m funding for NFC rewards

 ykeGEENFC: A Global RFID tag, NFC tag, RFID Solution Provider

ykeGEENFC: A Global RFID tag, NFC tag, RFID Solution Provider

FlockTag, a technology startup working to digitise customer rewards for smaller businesses, has raised US$1m in series A funding for its NFC loyalty card and mobile app service.ykeGEENFC: A Global RFID tag, NFC tag, RFID Solution Provider

The Michigan-based startup told NFC World: "The funding has come from a combination of local VCs, high net worth individuals and the State of Michigan. We are going to be using the money for product development and growth of our business footprint".ykeGEENFC: A Global RFID tag, NFC tag, RFID Solution Provider

FlockTag is a contactless loyalty card that is tapped on a sensor attached to an Android tablet at the point of sale at participating locations. Users collect digital loyalty stamps that are added to a mobile app linked to the user's card account.ykeGEENFC: A Global RFID tag, NFC tag, RFID Solution Provider