David Leeds
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yes.
Thank you very much.
Uh, it's probably father of two.
I have two sons, Nick and Eli, and then a Sounders FC fanatic.
It's our local, uh, MLS soccer team.
And in fact, there's a match tonight that we'll go to.
So it's a big part of our family culture.
Awesome.
So there are about 2 million companies globally that use rewards and incentives in their business.
And this can be
For employee programs, customer acquisition, survey completion, loyalty, a whole range of things.
And the common denominator there is that these rewards or incentives drive some business result for these companies.
And so the rewards are typically critical to their business, but not core to their business.
So they partner with TangoCard to send out those rewards and incentives on their behalf.
So they connect to TangoCard.
Our enterprise customers connect to us usually via an API.
They see this great global catalog of digital rewards that we have, and then we send those out on a branded email template typically.
And then the way we make money is that each time we send one of those rewards, we make a margin on those rewards.
So it's a usage or a transaction-based model.
Exactly.