Empowering Financial Institutions: Cyder Raises $1.5M in Pre-Seed Round for Innovative Loyalty and Data Platforms

Cyder, a pioneering company dedicated to empowering financial institutions through innovative loyalty platforms, is thrilled to announce the successful closure of a $1,500,000 funding round. This significant investment will be leveraged to enhance our two unique offerings: the Loyalty Platform and the Intent Signal Platform. Cyder's Loyalty Platform represents a fresh approach to customer engagement, allowing financial institutions to easily customize and deploy loyalty programs that reward users for everyday banking activities and for interacting with partner services. Meanwhile, the Intent Signal Platform harnesses real-time customer data through white-label browser extensions, giving consumers the power to control their data while benefiting from rewards for their participation. As proud partners of notable organizations such as UC Berkeley Skydeck, Plug and Play Canada, and the Rogers Cybersecure Catalyst, Cyder is deeply integrated into the startup ecosystem. Our recent feature on CBC's Dragons’ Den, where we successfully secured a deal, exemplifies the growing recognition of our innovative approach. This new funding will not only bolster our technology and expand our team but also amplify our mission of responsibly sourcing data and enhancing customer loyalty for financial institutions. We invite interested parties to learn more about our solutions by booking a demo at www.getcyder.com/book-demo. With this recent development, we are excited to continue delivering unparalleled value and innovation to our partners and users alike.