Predict your next investment

Corporation
INTERNET | Internet Software & Services / Travel
ascendaloyalty.com

See what CB Insights has to offer

Partners & Customers

10

About Ascenda Loyalty

Ascenda Loyalty is a global loyalty management company serving the financial services and travel industries.

Ascenda Loyalty Headquarter Location

298 Jalan Besar #03-01

Singapore, 208959,

Singapore

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Ascenda Loyalty Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Ascenda Loyalty Rank

Latest Ascenda Loyalty News

Kaligo Solutions now operates as Ascenda and launches an end-to-end loyalty solutions business

Oct 30, 2018

SINGAPORE, Oct. 30, 2018 /PRNewswire/ -- Kaligo Solutions has announced that the company will now operate under the brand name Ascenda and has expanded to provide end-to-end loyalty solutions. After starting out as a travel rewards provider under the Kaligo Solutions brand, the company has evolved rapidly launching and successfully growing a range of loyalty industry innovations in partnership with over 70 leading loyalty brands worldwide. This journey has culminated in the recent launch of our new premium end-to-end loyalty program solution. The new company Ascenda serves as an umbrella to better align its global teams operating in over 60 markets and unify its suite of solutions while providing more management autonomy across each of the technology, loyalty marketing and advisory & operations services lines of business. Ascenda's new end-to-end global loyalty solution leverages technology and expertise across the entire business to focus on launching, managing and scaling premium loyalty programs for the world's leading financial, travel and retail brands. "We believe that nothing should stand in the way of brands building deep and enduring relationships with their customers," said Kyle Armstrong, CEO of Ascenda. "Kaligo Solutions has earned a reputation as a trusted partner of the world's most successful loyalty brands. Now, Ascenda enables us to focus even deeper on our existing products while better aligning us to tackle the most meaningful problems facing the industry today." About Ascenda: Ascenda is a global provider of innovative loyalty solutions and operates premium rewards propositions for major financial services and travel brands worldwide. With a mandate to make loyalty simple, Ascenda's solutions are easy to manage, fast to deploy and designed to deliver exceptional customer value. From end-to-end loyalty management to modular services such as the TransferConnect currency network, redemption capabilities, fraud mitigation and loyalty marketing, Ascenda supercharges the world's leading loyalty programs with delightful experiences that build deep & lasting customer relationships. For more information about Ascenda (formerly Kaligo Solutions), please visit www.ascendaloyalty.com . Source: Ascenda

Ascenda Loyalty Acquisitions

1 Acquisition

Ascenda Loyalty acquired 1 company. Their latest acquisition was Loyalty Advantage on January 18, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/18/2019

$99M

Acquired

1

Date

1/18/2019

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

Ascenda Loyalty Partners & Customers

10 Partners and customers

Ascenda Loyalty has 10 strategic partners and customers. Ascenda Loyalty recently partnered with Banque Saudi Fransi on June 6, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

6/16/2022

Partner

Saudi Arabia

3

3/10/2022

Partner

South Korea

Ascenda partners with Hyundai Card to support launch of new cards in South Korea

SEOUL , South Korea , March 10 , 2022 / PRNewswire / -- Ascenda , the technology company that makes payments and banking more rewarding , has partnered with Hyundai Card , a leading credit card issuer , to power the launch of a new lineup of consumer and corporate cards on the American Express Network in South Korea .

7

9/21/2021

Partner

United States

Ascenda and Patch take the wraps off global rewards exchange for carbon offsets

Today Ascenda , the rewards technology company , and Patch , the API-first platform for carbon removal , announced a strategic partnership to make banking greener by enabling consumers worldwide to neutralise their carbon footprint through the exchange of bank reward currencies into carbon offsets .

2

9/29/2020

Client

Australia

Subscribe to see more

Subscribe to see more

10

9/22/2020

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

6/16/2022

3/10/2022

9/21/2021

9/29/2020

9/22/2020

Type

Partner

Partner

Partner

Client

Partner

Business Partner

Country

Saudi Arabia

South Korea

United States

Australia

United States

News Snippet

Ascenda partners with Hyundai Card to support launch of new cards in South Korea

SEOUL , South Korea , March 10 , 2022 / PRNewswire / -- Ascenda , the technology company that makes payments and banking more rewarding , has partnered with Hyundai Card , a leading credit card issuer , to power the launch of a new lineup of consumer and corporate cards on the American Express Network in South Korea .

Ascenda and Patch take the wraps off global rewards exchange for carbon offsets

Today Ascenda , the rewards technology company , and Patch , the API-first platform for carbon removal , announced a strategic partnership to make banking greener by enabling consumers worldwide to neutralise their carbon footprint through the exchange of bank reward currencies into carbon offsets .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

3

7

2

10

10

Ascenda Loyalty Team

4 Team Members

Ascenda Loyalty has 4 team members, including current Chief Executive Officer, Kyle Armstrong.

Name

Work History

Title

Status

Kyle Armstrong

Chief Executive Officer

Current

Victor Glaeser CFA CPA MBA

Chief Financial Officer

Current

Gautam Rastogi

Collinson Group, Aimia, Carlson Marketing Group, and American Express

Chief Operating Officer

Current

Sebastian Grobys

Chief Commercial Officer

Current

Name

Kyle Armstrong

Victor Glaeser CFA CPA MBA

Gautam Rastogi

Sebastian Grobys

Work History

Collinson Group, Aimia, Carlson Marketing Group, and American Express

Title

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Commercial Officer

Status

Current

Current

Current

Current

You May Also Like

Loylogic Logo
Loylogic

Loylogic specializes in points commerce and loyalty solutions that empower programs and members with more choices to collect and redeem points online, in-app and in-store.

C
Currency Alliance

Currency Alliance operates a global SaaS marketplace for loyalty programs to collaborate efficiently around popular loyalty currencies - enabling the sale, issuance, transfer, redemption and exchange of any points/miles via API from any platform or payment network. Each partner retains complete control and visibility over their partners.

FiveStars Logo
FiveStars

Five Stars Loyalty, dba FiveStars, is a provider of loyalty solutions that integrate into existing point of sale (POS) systems, making it easy and affordable for merchants to connect with customers based on in-store, online and social behavior.On October 14, 2021, FiveStars was acquired by SumUp at a valuation of $317M.

P
Points

On June 30th, 2022, Points was acquired by Plusgrade at a valuation of $385M. Points (TSX:PTS) (Nasdaq:PCOM) specializes in loyalty currency management. Via a loyalty commerce platform, Points provides loyalty eCommerce and technology solutions to brands to enhance their consumer offerings and streamline their back-end operations. Points' solutions enhance the management and monetization of loyalty currencies ranging from frequent flyer miles and hotel points to retailer and credit card rewards, for partners worldwide. The company was founded in 1999 and is based in Toronto, Ontario.

Cheetah Digital Logo
Cheetah Digital

Cheetah Digital is an enterprise cross-channel marketing technology company. The Cheetah Digital Marketing Suite combines data management capabilities and cross-channel execution with in-house professional services expertise and dedicated support to help brands execute complex marketing programs at scale and achieve profitable brand outcomes.On October 21st, 2021, Cheetah Digital was merged with CM Group. The terms of the transaction were not disclosed

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.