How it started?
The idea was cool and raising money for the project was not very difficult for Bryan. So, he managed to secure funding from Jim Clark and other investors. Since 2012 the company has raised more than 73 million US dollars from various investors. In 2019, ibotta stated that it has raised an undisclosed amount of money in round D at the valuation of $1 billion.
How does ibotta work?
You can claim your cashback by submitting a receipt of the items you bought at a grocery store, drank coffee, ate in a restaurant, enjoyed your favorite beer or wine at the bar. If you don’t want to submit individual offers in the app, then you have the option to link your loyalty account if you have one and get a cash back at your favorite platforms without a receipt. Moreover, you can earn a cashback of up to 10% instantly when you pay through pay with ibotta a payment feature that allows you to pay through the mobile application.
If you are an online shopper, then we have good news for you. You can earn cashback when you shop from your laptop or your phone. There are more than 150 online stores, travel sites, and food delivery services that are covered by ibotta. It is possible to shop at the comfort of your couch or on the way to your office, and still get cashback on your shopping items.
First time user
If you are a first-time user, then there is good news for you. All the new users can avail free $20 welcome bonus when they redeem some specific offers in the app. To get the welcome bonus redeem any in-store offer and get $10. The remaining $10 bucks are given on redeeming mobile shopping offers.
Only first-time users are eligible for the welcome offer. To be eligible, you need to fulfill two requirements:
1. You must create an account on a unique device with a unique phone number
2. Check your application bonus section to redeem your first qualifying offer among other ibotta deals within 30 days.
Why choose ibotta over other cashback apps?
There are various cashback apps for groceries and online shopping operating in the united states that offer a cashback, but why should you choose ibotta? The answer is clear, because of its user-friendly features and platform. The application is handy to redeem coupons and rewards. Also, the refunding method is easy.
The company has built strategic partnerships with major grocery stores like Target, Walmart, and CVS, etc., and more options are added as the time pass. You can get all the money you earn through the app to your PayPal account safely. There are tons of offers available on the ibotta from your favorite store all across the country. Are you conscious of your personal information? Do not worry, ibotta is a safe and secure platform, and your personal information including your email address is kept private. Also, your credit card information is not stored in the database.
Is there any ibotta browser extension?
Yes, the company has developed a browser extension to help you save money on ibotta deals. You can earn on over 500 exclusive grocery pickup and delivery offers through ibotta chrome extension. Additionally, if you are a vigorous online shopper then you have the freedom to shop on more than 700 online retailers and earn a cashback on your purchases.
Can you earn referral bonuses on ibotta?
Ibotta offers monthly teamwork bonuses. Once you refer friends and family members to the application, you will get a chance to win monthly teamwork bonuses. You and your teammates (who sign up using your referral code) can earn cashback once you complete your monthly goal of redeeming a certain number of ibotta offers.