The future of loyalty networks
Engage People is a Toronto-based loyalty network that connects loyalty programs with payment systems and retailers to let consumers pay with points at checkout. Founded in 2008, Engage People most recently raised a $3M debt financing round in 2021 from BDC Capital. The firm has offices in Australia, Canada, Italy, UK, and the US.
Onsite at Fintech Meetup, The FR met with Jonathan Silver, CEO of Engage People. Silver outlined:
The contours of Engage People’s mission and operations;
The business case for a pay-with-points network;
How merchants and card issuers benefit when consumers spend with points;
How industry conferences can be useful for a brand like Engage People; and
The volumes Engage People anticipates in its network in the coming year.