To expand overseas business fintech Xoxoday raised $30 million from Giift and Apis Partners
- ByStartupStory | February 24, 2022
Giift, provider of loyalty management solutions across the world and Apis Partners, an ESGI-native global private equity and asset management, backed by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP, announced that they have acquired a significant interest in Xoxoday, a SaaS-based fintech.
The partnership included both primary and secondary capital components, and the collaboration will enable both Giift and Xoxoday to expand their service offerings and collectively advance growth globally.
Xoxoday is a fast-growing fintech. SaaS firm that ensures business growth while focusing on human motivation. It works with more than 2000 clients, across 10+ countries and over 2.5 million users. Its headquarter is in Bengaluru, Xoxoday has a team of 270 members with four global offices in Singapore, New Delhi San Francisco and Dublin.
This fintech startup deliver a suite of three products – Plum(a horizontal platform infrastructure, automating rewards, incentives) Empuls (to build an engaged workplace, where everyone is empowered, aligned, connected and motivated) and Compass(automating and gamifying sales incentives and commissions for sales teams.)