AwardWallet, LLC

How We Bounced Back From COVID & Plan To Hit $2M In Revenue This Year

Alexi Vereschaga
Founder, AwardWallet, LLC
$150K
revenue/mo
2
Founders
29
Employees
AwardWallet, LLC
from Bethlehem, Judea and Samaria, Palestinian Territory
started November 2004
$150,000
revenue/mo
2
Founders
29
Employees
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Hello again! Remind us who you are and what business you started.

Hi, my name is Alexi, in 2004 I launched AwardWallet with my then business partner Todd Mera. AwardWallet is an online service that automates the process of tracking loyalty points such as frequent flier miles, credit card points, hotel points, etc. The solution itself is free to use but there are additional features that are enabled for users who buy AwardWallet Plus, a yearly subscription for $30 / year. In addition to this in-app purchase, we monetize our users via affiliate marketing by offering them credit cards that offer the best sign-up bonuses and earning capabilities.

In addition to providing a B2C solution, we package our parsing technology into APIs that we sell to other businesses. Two of our flagship APIs are Email Parsing API which is designed to extract travel data from travel confirmation emails and a Web Parsing API which is designed to retrieve loyalty information from users’ online loyalty program profiles.

We had a major setback in 2020 due to COVID, but now that leisure travel...

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