Bync Explained

Type:Private
Bync
Foundation:2012
Founder:Ryan Bales
Industry:Electronic commerce
Location:Louisville, Colorado
Area Served:United States, Canada
Owner:Bync, Inc.
Homepage:bync.com

Bync is an online service that provides deals and coupons by syncing to a user's bank and credit cards to discover the user's favorite stores.[1] The company was founded in 2012 by Ryan Bales. Bync currently syncs with 10,000 different credit card companies, banks and credit unions across the United States and Canada.[2]

Description

Bync provides its users with personalized deals and coupons by syncing to user's bank and credit cards in order to use purchase history as a way to determine which stores the user shops at the most. Users are sent deal alerts via e-mail when one of their stores has a new deal or coupon.[3]

History

Bync began as the online personal finance website Budgetable, which provided users with money management tools in addition to deals and coupons based on user spending habits.[4] [5] Development for Bync started in October 2012 when founder Ryan Bales chose to focus the product around spending-based deals.[6] Bync publicly launched on 3 January 2013.[7]

Notes and References

  1. Web site: Gordon. Whitson. Bync Notifies You of Deals and Coupons at Your Most Visited Stores. 10 January 2013 . Lifehacker. 19 January 2013.
  2. Web site: Hines. Michael. Bync Uses Your Credit Card and Bank Data to Offer Accurate Deals. Trend Hunter. 19 January 2013.
  3. Web site: Bync: Get Deals, Coupons & Offers Based On Where You Shop [US & Canada Only] ]. MakeUseOf . 19 January 2013 . dead . https://web.archive.org/web/20130116130418/http://www.makeuseof.com/dir/bync-get-deals-coupons-offers-based-on-where-you-shop-us-canada-only/ . 16 January 2013 .
  4. Web site: Bissram. Veena. Manage Your Money, Get Deals at Your Favorite Stores with Budgetable. 16 June 2012 . Mashable. 19 January 2013.
  5. Web site: Keller. Kevin. Colorado start-up aims to add couponing to online banking. 6 July 2012 . The Denver Post. 19 January 2013.
  6. Web site: Wisniewski. Mary. PFM Startup Resurfaces as Daily Deals Provider. 7 January 2013 . American Banker. 19 January 2013.
  7. Web site: Perez. Sarah. Bync Syncs With Your Bank Account And Credit Cards To Send Your More Relevant Deals. 3 January 2013 . TechCrunch. 3 January 2013.

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