Hello, America - Mehrwerk is going to the USA!
New Entity Established in Delaware, Operations to Launch in New York City
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Mehrwerk brings added value to the world.
With over 700 employees in Germany, Scandinavia, Austria, Switzerland, Mexico, the USA and Turkey, we combine local market knowledge with centralized data intelligence - for global impact and local relevance.
You will find separate sections on our website for Scandinavia, the USA and Mexico:
Clanq is a modern FinTech app that helps families and young adults save for the future.
With intuitive user guidance, a sustainable focus and automated savings functions, Clanq creates easy access to financial provision.
Campaign
Introduction of a free card-linked cashback function as a value-added solution for Clanq's savings product
Sector
FinTech / Digital Banking
Core product
Clanq savings plan app
Objectives
Increase the attractiveness of the savings product
Creation of an innovative customer experience
Increase customer loyalty through automated added value
Seamless integration into the existing banking system
Services
Card-linked cashback (CLC) integration
REST API integration into the core banking system
Merchant-financed cashback program
Automated cashback processing
Embedded banking integration
Challenge
The Clanq app wanted to make its savings product more attractive and offer users measurable added value. The goal was to improve the customer experience while sustainably increasing customer loyalty – without complicating existing processes.
Requirements:
The solution from Mehrwerk
Mehrwerk integrated a free Card-Linked Cashback (CLC) feature directly into Clanq's existing savings plan product.
The solution was seamlessly embedded into the core banking system via a REST API.
The cashback system is based on a merchant-funded customer loyalty program that automatically offers benefits to end customers – without manual processes or additional apps.
Success
+300% increase in activated payment cards after integration
€4.30 average cashback generated per active user per month
+50% increase in app usage and increased customer engagement
By integrating the Mehrwerk CLC solution, Clanq was able to significantly enhance its savings product while simultaneously creating an innovative form of customer loyalty.
Talk to Sören Timm:
He is Head of Sales at Mehrwerk, and that means as much as Head of ExactlyTheSolutionYouNeed.
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