Core Insights - Giftify, Inc. has announced the strategic acquisition of TakeOut7, enhancing its digital commerce ecosystem with comprehensive restaurant ordering and AI-powered marketing solutions [1][5] - The acquisition is valued at 350,000 shares of Giftify common stock and aims to connect over 185,000 restaurants with advanced technology [1][8] Comprehensive Restaurant Technology Solution - TakeOut7 operates two platforms: an online ordering platform with a "zero cost" business model and an AI-powered marketing platform called Platr [3][4] - The ordering platform charges consumers a nominal fee of $1.99 while providing a complete technology suite for restaurants, ensuring scalability and reliability through AWS serverless architecture [3][4] Strategic Value and Market Opportunity - The acquisition positions Giftify to tap into the $1.5 billion restaurant digital marketing market, targeting around 200,000 independent restaurants with annual sales over $1 million [5] - A significant percentage of restaurant operators (90%) express concerns that lack of marketing negatively impacts sales, and 84% lack the time or budget for effective marketing initiatives [5] Management Commentary - The CEO of Giftify, Ketan Thakker, emphasized that the acquisition expands the company's technology platform and market reach, creating a comprehensive ecosystem for independent restaurants [6] - The integration of TakeOut7's technology with Restaurant.com enhances the value proposition for restaurant partners by providing essential operational tools [6] Enhanced Platform Capabilities - TakeOut7's platforms have generated over $300 million in trackable sales for restaurant clients and will expand Giftify's restaurant network to over 185,000 establishments [8] - The acquisition is expected to provide immediate access to a POS dealer network of over 50 sales offices across the U.S. [8] Financial Impact and Integration - TakeOut7's platforms generate an average revenue of $2,500 per restaurant annually, and the acquisition is anticipated to positively impact Giftify's financial performance immediately upon integration [9][10] - Giftify plans to leverage its existing restaurant relationships to accelerate the growth of TakeOut7's dual-platform solution [10]

The new BNPL integration is designed to make CardCash even more accessible to shoppers who want to save money while maintaining flexibility in how they pay. Buy Now, Pay Later solutions have gained significant popularity in recent years, especially among Millennials and Gen Z consumers seeking alternatives to traditional credit. The BNPL model has seen substantial growth amid inflation and economic uncertainty, as consumers look for ways to better manage their cash flow. By incorporating this payment model, ...

Platform Reports Up to 37% Discounts on NBA Store Cards as Playoff Viewership Surges 13% Year-Over-Year SCHAUMBURG, IL, May 08, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced that its subsidiary CardCash.com is experiencing substantial transaction volume growth during the ongoing sports playoff season, driving increased user acquisition for the Company. With ...

AI-Powered Digital Transformation Accelerates Growth Potential in Leading Gift Card Marketplace SCHAUMBURG, IL, April 29, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced the strategic expansion of Artificial Intelligence (AI) tools across its operations to streamline internal processes, minimize manual workload, and support faster, data-driven decision-making ...

Innovative Gift Card Marketplace Delivers Significant Savings as Travel Expenditures Soar SCHAUMBURG, IL, April 09, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced that its CardCash.com platform is providing a strategic financial solution for travelers facing escalating expenses across all segments including airfare, accommodations, cruises, and ground transpo ...

Full Year 2024 Financial Highlights: SCHAUMBURG, IL, March 31, 2025 (GLOBE NEWSWIRE) -- Giftify, Inc. (NASDAQ: GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced financial and operational results for the fourth quarter and year ended December 31, 2024. Q4 2024 Financial Highlights: Strategic Developments: Management Commentary: Ketan Thakker, President and CEO of Giftify, Inc., stated, "2024 was a transformat ...

Core Insights - Giftify, Inc. is leveraging its gift card marketplace to help consumers manage rising food costs, particularly due to record-high egg prices and inflation in the grocery and restaurant sectors [1][2][4] Group 1: Company Overview - Giftify, Inc. operates CardCash.com and Restaurant.com, focusing on the incentives and rewards industry [6] - CardCash.com is a leading secondary gift card exchange platform, allowing consumers to buy and sell gift cards [6] - Restaurant.com is the largest restaurant-focused digital deals brand in the U.S., offering thousands of dining, retail, and entertainment deals [6] Group 2: Market Conditions - The average price for a dozen eggs reached $4.95 in January, with forecasts predicting a 41% increase this year due to supply chain disruptions from a bird flu outbreak [3] - The bird flu led to the culling of 18.8 million hens in January, significantly impacting egg supply and prices [3] - Rising food costs are also attributed to increased tariffs, labor shortages, and transportation costs, creating a challenging environment for consumers [4] Group 3: Consumer Solutions - Discounted gift cards provide immediate savings for consumers on groceries and dining, helping to offset rising prices [2][5] - CardCash.com offers discounts at major grocery retailers like Giant Foods, Kroger, and Trader Joe's, as well as popular restaurants such as IHOP and Olive Garden [4] - The platform aims to alleviate financial strain on households by providing practical tools for cost reduction during periods of food inflation [5]

Core Insights - Giftify, Inc. is expanding its CardCash.com platform into the sports retail sector to provide cost-saving solutions for consumers ahead of the 2025 MLB season [1][5] - The average cost for a family of four to attend a baseball game has risen to $152, with premium seats increasing by up to 38.8% [2] - CardCash.com offers discounted gift cards from major retailers, allowing families to save on tickets and merchandise, with potential savings of 10-20% [3][4] Group 1: Company Strategy - The expansion into the sports retail sector is part of the company's strategic growth initiative for 2025 [1] - The platform allows consumers to purchase discounted gift cards and monetize unused gift cards, creating a financial ecosystem for sports fans [4][5] - The initiative aims to engage consumers in high-frequency spending categories, enhancing recurring engagement with the platform [5] Group 2: Market Context - Rising ticket prices are prompting fans to seek savings, with the average cost of attending a game significantly increasing [2] - Families can save over $30 on tickets by using discounted gift cards purchased through CardCash.com [3] - The company encourages fans to exchange unused gift cards for cash or store credit, promoting a culture of maximizing value from existing resources [4][5]