Wonder Technologies Is Awarded Most Innovative Cards Solution In The Citi Mobile Challenge
BURLINGAME, Calif., Dec. 3, 2014 /PRNewswire/ -- Wonder Technologies, an innovator in providing an instant way to send virtual gift cards from two million merchants anywhere in the U.S., today announced that it received the "Most Innovative Cards Solution" award in the Citi Mobile Challenge U.S., a competition in which over 700 startups entered.
"Wonder is thrilled to be recognized as an innovator by Citi. We developed Wonder so consumers could purchase unique and personal gifts instantly, while ensuring merchants of all sizes can easily participate without any point of sale or operational impact," said Gerry Goldstein, CEO and cofounder of Wonder Technologies, Inc., www.gowonder.com. "It is gratifying to have our vision validated by Citi and we look forward to continuing to work together to bring a joint solution to market."
Founded in 2013, Wonder is disrupting the $110 billion gift card market with its virtual gifting solution. With Wonder, your credit card becomes your gift card, and gifts redeem automatically when you pay. The Wonder App is available as a free iOS app and can be downloaded from the iTunes App store today. The Wonder App will be released on the Android platform later this year.
"The Citi Mobile Challenge U.S. was an extremely competitive initiative," said Jorge Ruiz, Digital Acceleration Global Program Head at Citi. "We received hundreds of innovative submissions from all over the world and choosing the best of these was no easy task. Citi is pleased to congratulate our award recipients and we are excited to work with them for a chance to take their solutions to market for Citi clients all over the world."
Earlier this year, Citi launched the Citi Mobile Challenge initiative to inspire technology developers to reimagine mobile banking and payments and to stimulate digital progress in the industry. Wonder demonstrated how consumers can redeem their Citi ThankYou Rewards for virtual gifts at over 2 million merchants instantly with the Wonder App.
"The caliber of the presentations we saw from finalists at the Demo Day events was outstanding," said Heather Cox, Chief Client Experience, Digital and Marketing Officer for Global Consumer Banking at Citi. "These developers are poised to help us transform the way banks innovate and we are so excited to begin working with them."
About Wonder Technologies, Inc.: Wonder was founded in March 2013 by Gerry Goldstein, Paige Cattano and Lalit Singh. The company's mission is to reinvent the gift card to provide consumers the best experience while helping businesses attract and retain customers. Please visit www.gowonder.com for more information.
Contact:
Carolyn Miller McCusker, Media Relations, Wonder Technologies, Inc. [email protected] Cell: (650) 291-0992.
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SOURCE Wonder Technologies, Inc.
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