The digital-first beauty brand announced on Wednesday that it has raised $80 million in a Series E funding round led by Lone Pine Capital, an injection of capital that brings the company’s valuation up to $1.8 billion.
Pulse Rewards is a new loyalty programme for good payers launched by Clearpay. The financier claims its “unique programme encourages responsible spending, by offering benefits to customers who make on-time payments”.
Be warned. Brands are putting customer loyalty at risk due to a disconnect between their physical and e-commerce experiences, new research claims, with Gen Z consumers now expecting in-store 'experientialism'.