Member Since December 2014
About
Co-founded CardCash.com in 2008 and in just a few years, grew it from a small start-up to one of the world's largest and fastest growing gift card exchange marketplace for buying, selling, and trading unwanted gift cards. Through strategic partnerships with several leading brands, such as Amazon, CVS, United Airlines, consumers can get more value when trading in their unwanted gift cards for another brands gift card.CardCash has received growth funding from Guggenheim Partners, a well known global financial service company with more than $200 billion in assets under management. Additionally, it entered into a partnership agreement with Incomm - a leading provider of connectivity and integrated point-of-sale technology solutions to retailers. The relationship will allow CardCash to integrate its online gift card exchange with thousands of InComm's retail partner locations across the country.CardCash was ranked by Forbes Magazine as #14 on their 2014 list of America's Most Promising Companies, and listed twice on the Inc. Magazine 500's list of Fastest Growing Private Companies in America. In May 2014, CardCash acquired the assets of its largest competitor Plastic Jungle, formerly a San Mateo, Calif.-based company that was backed by more than $25 million in venture capital. Recently, Elliot Bohm was nominated by Forbes Magazine as one of Americas Most Promising CEO's under the age of 35 - a list comprised of just 22 individuals. He is also a noted author and community lecturer.
Elliot Bohm
Company details
Cardcash.com
Company bio
Founded in 2008, CardCash offers the country’s largest and most secure selection of discounted gift cards online. The company has been ranked for three straight years on Forbes’ list of America’s Most Promising Companies, and for four straight years on the prestigious Inc. 500 list of the fastest growing private companies in America. CardCash.com raised $6 million in equity funding from Guggenheim Partners in November 2013, and $6 million in debt funding in December of 2014 from Sterling National Bank. Also in 2014 CardCash acquired former rival Plastic Jungle, and entered into a strategic partnership with Incomm, a leading provider of connectivity and integrated point-of-sale technology solutions to retailers. According to recent studies, there are close to 60 billion dollars of unwanted and unused gift cards collecting dust in the United States. CardCash.com has been helping millions of Americans turn these cards into cash since its inception in 2008. And now, just a few years later, the Web site has reached a new level, transferring millions of dollars per year in gift cards to people who have no use for them to people who are anxious to save money on all of their shopping expenses. With headquarters in New York City and Central New Jersey, CardCash.com presently offers the largest selection of discounted gift cards online and has the highest standards of security implemented to identify fraudulent sellers and inaccurate cards.