Bitcoin Reward Startup Lolli Raises Investments by Ashton Kutcher and Founders Fund Lolli, a Bitcoin Reward startup, has raised $ 3 million in a new round of fundraising.

Bitcoin Rewards Startup Lolli Raises Investments by Ashton Kutcher and Founders Fund

Lolli, a startup that develops solutions for payment of rewards for purchases in bitcoin, raised $ 3 million in a new round of fundraising.

The investment round is led by Pathfinder, an early stage project arm of Peter Thiel's Founders Fund. Sound Ventures of actor Ashton Kutcher, beauty blogger Michelle Phan, Bain Capital Ventures, Digital Currency Group and others became its participants..

Lolli plans to use the received funding to launch a mobile application this summer and expand international services by the end of the year.

The startup was founded in 2018 and allows clients to earn rewards in Bitcoin when making payments at the points of partner sellers. These sellers pay Lolli a commission, which the startup shares with its customers, converting it into bitcoin. According to the startup, the amount of cryptocurrency cashback paid to users is already measured in hundreds of thousands of dollars..

Fan has promised to add Lolli support to her own cosmetics site. “When I found out about Lolli, I realized that this was the platform that would make bitcoin publicly available and decided to invest,” she said..

In November 2018, the company held its first investment round, then raised $ 2.3 million.

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