Localight: A fintech app rewarding local shopping, aiding independent businesses to flourish.
Location
Long Beach, CA, US
Founded
2021
Localight is a fintech company focused on supporting local businesses through a digital payment and rewards app. The platform incentivizes customers to shop locally by offering cashback rewards of 2-5% for purchases made within the Localight network. This innovative approach aims to help independent businesses compete with larger chains in an increasingly digital marketplace.
As a Public Benefit Corporation, Localight's mission is to accelerate inclusive growth across local marketplaces. The company's revenue model aligns with this goal, providing automatic loyalty marketing for small businesses while catering to customers who prefer mobile payments and reward programs. Localight's unique value proposition lies in its ability to simultaneously benefit local economies and provide value to consumers.
Localight - Classification
Also Known As
Localight Inc.
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities