Bose now live on Bitcoin rewards service Lolli
US startup Lolli has announced that its users can now earn up to 2.5% Bitcoin back when shopping online at Bose.com.
CEO and Co-founder, Lolli, Alex Adelman, says: "Now, more than ever, our users are working from home and asking to earn Bitcoin back on headphones and other electronics as they adjust to the new normal.”
“We're proud to announce this partnership with Bose and offer our users free Bitcoin back on all their purchases. Bose has been a leader in audio technology for both consumers and professionals for decades. We're proud to make Bitcoin even more accessible through this partnership."
Major backers
Lolli recently closed a $3 million Seed II funding round led by Pathfinder, the early-stage investment arm of Peter Thiel’s Founders Fund. Other new investors included beauty entrepreneur Michelle Phan and actor Ashton Kutcher’s VC firm Sound Ventures.
The funding will be used to launch Lolli’s mobile app and expand the company internationally this year. It has now raised around $5.4 million in total capital.
Founded in August 2018, the venture has launched its website, browser extensions on Chrome and Firefox, and says that it has given hundreds of thousands of dollars back in free Bitcoin to its users. These earn upwards of 30% back and an average of 7% on their everyday purchases.
The company partners with over 750 merchants such as Priceline, Macy’s, and Best Buy. These pay Lolli when users shop their sites. Lolli then shares the commission with its users, sending free Bitcoin to their Lolli wallets.
