FinTech

Benjamin Capital Snaps Up New Thing Co., Eyeing AR Tech to Transform Reward Platforms

Published September 20, 2024

In a bold move set to shift the foundations of the consumer cash rewards space, Benjamin Capital confirmed its acquisition of New Thing Co. This strategic move positions the innovative fintech company to incorporate cutting-edge augmented reality (AR) technology into its offerings, elevating the financial technology industry. This integration signifies a crucial development in Benjamin Capital's ongoing quest to reinvent and shake up the rapidly expanding market for consumer cash rewards programs.

Disrupting the Marketplace with AR

By harnessing the power of AR, Benjamin Capital aims to amplify user engagement and create immersive 'Money Moments' for customers. This next-generation approach is expected to redefine the consumer experience in money management and rewards, by delivering personalized, engaging, and more effective options to a tech-savvy audience.

Strategic Growth Objectives

Despite the cutting-edge nature of the acquisition, industry analysts watching Benjamin Capital have shown support for the dynamic direction the firm is heading. The tangible application of AR in financial services is seen as a game-changer that carries significant potential for growth. As a result, Benjamin Capital is not only enhancing its product portfolio but also likely its appeal to investors and partners in the fintech ecosystem.

acquisition, fintech, augmented-reality