Mobile phones have increasingly become tools that consumers use for banking, payments, budgeting, and shopping. Given the rapid pace of developments in the area of mobile finance, the Federal Reserve Board began conducting annual surveys of consumers’ use of mobile financial services in 2011. This 78-page report, “Consumers and Mobile Financial Services” (March, 2015) examines trends in the adoption and use of mobile banking, payments, and shopping behavior and how the emergence of mobile financial services affects consumers’ interaction with financial institutions.
Bling Nation
Bling Nation is a mobile platform that enables unique tap-and-connect capabilities with rich social media connectivity and cost-effective mobile payments at checkout. Businesses get loyalty programs with actionable analytics helping them turn their best customers into Fans and their friends into new customers. Bling Nation closes the loop between the online and offline customer experience at checkout.
Bling Nation customers can share and gift rewards, deals and offers with a simple TAP of the mobile phone at checkout. Bling connects customers to their Facebook friends at checkout so they can choose to share and gift exclusive rewards from Bling businesses, linking customers’ in-store experiences to the online world.
The company was co-founded by Wences Casares and Meyer Melka, both of whom were also founding partners of MECK, Ltd., a private investment firm in Chile.
Investors:
Lightspeed Venture Partners
Lightspeed Venture Partners is a leading global venture capital firm that manages over $2 billion of capital commitments.
Balderton Capital
Balderton Capital is one of the largest venture capital firms in Europe, committed to finding and helping talented entrepreneurs build great companies. Based in London, it manages $1.9 billion in committed venture capital.
CampVentures
CampVentures is a true seed-stage venture capital firm. CampVentures engages with great companies in their earliest stages of development.
Meck, Ltd.
MECK is a privately investment firm with investments in South America and the United States. The firm’s headquarters are in Santiago, Chile and they maintain a physical presence in Sao Paulo, Buenos Aires, Montevideo and Palo Alto.
Bling Nation Video Demo
More information: Bling Nation

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