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Ribbit.me Rebrands as Loyyal

By Minjun Park
1 min read
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In this article (5)

Ribbit.me announces that it has renamed as Loyyal, in order to better reflect the underlying industry and the Company’s business objectives.

Loyyal has built the first universal loyalty and rewards platform using distributed ledger and smart contract technology, introducing frictionless interoperability to the currently fragmented industry.

“As our company has evolved in such a short period of time, we feel that the name Loyyal better represents who we are and what we do,” said Greg Simon, Loyyal CEO and co-founder.

“We seek to increase loyalty program operator’s ability to dynamically incentivize each customer uniquely by removing technological barriers, so a twist on the word loyal is a perfect way to reinforce our message,” said Sean Dennis, COO and co-founder.

Questions & Answers

Q.

Why did Ribbit.me decide to change its name?

A.

The company rebranded as Loyyal to better reflect its industry and business objectives. The new name also aims to reinforce their message about increasing loyalty program operators' ability to incentivise customers.

Q.

What technology does Loyyal use for its platform?

A.

Loyyal's universal loyalty and rewards platform is built using distributed ledger and smart contract technology. This aims to introduce frictionless interoperability to the fragmented industry.

Q.

Who are the key figures mentioned in relation to Loyyal?

A.

Greg Simon is identified as Loyyal's CEO and co-founder. Sean Dennis is mentioned as the COO and co-founder of the company.

Q.

What is the primary goal of Loyyal's platform?

A.

The platform aims to increase loyalty program operators' ability to dynamically incentivise each customer uniquely. It achieves this by removing existing technological barriers in the fragmented industry.

Reader pulse

Does the rebrand to Loyyal clarify its purpose?

23,702 votes so far

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