Raise Extends Buying Power to Android Users with Launch of App in Google Play Store

Leading online marketplace for gift cards has more than 1 million iOS downloads to date.

CHICAGO--(BUSINESS WIRE)-- Raise, a marketplace that enables members to purchase gift cards at prices below face value and sell unwanted gift cards, today announced the official launch of its free app for Android. With the launch, millions of Android users will be able to make their money go further, and extend their buying power when shopping for everyday purchases with their favorite retailer.

On average, consumers are able to buy gift cards for 16 percent below face value at the more than 3,000 popular brands available on the platform. All purchases and listings are verified and insured with a 100-percent money-back guarantee.

“Since launching on iOS, our app has been downloaded more than a million times, and the ability to use Raise in store and on the go has been a game changer,” said George Bousis, Raise founder and CEO. “This year alone, Raise has put $27 million in buying power back into consumers’ pockets. The launch of our Android app will open the experience to millions of mobile consumers and, based on results from our beta, we expect to create even larger savings for our members.”

Key Features

• Buy: Purchase gift cards from the nation’s top stores for less than face value and instantly use the full value for everyday purchases.
• Sell: Earn cash by easily listing unwanted gift cards in seconds, and funds are deposited directly to your bank account.
• Redeem: Organize all cards in the Raise mobile wallet, making it simple to redeem from within the app.
• Manage: Keep track of all gift cards sold, and view total savings gained from gift card purchases through Raise.
• Refer: Invite friends and family and earn $5 for each new member you refer who purchases from the Raise marketplace.

The new app for Android can be downloaded from Google Play.

About Raise

Chicago-based Raise extends the buying power of its members through an exclusive online gift card marketplace. Members can purchase gift cards at prices below face value and use the full value of the card as payment for everyday purchases. Members can also use the Raise marketplace to sell unwanted gift cards for cash. More than 3,000 popular brands are featured on the platform, and all purchases are verified and insured with a 100 percent money-back guarantee. Members access the marketplace from Raise.com or through iOS and Android apps, where they can purchase on the go and redeem gift cards directly from their Raise mobile wallets.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150715006093/en/

Method Communications
Peter Duckler, 773-343-3069
[email protected]

Source: Raise

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