Coupay operates in the US and Indian markets, has sales and traction, and over 10,000 signed up members.
If a customer shares a deal, product or retailer from Coupay on any social network, and a sale occurs from that share, BOTH parties receive the displayed Cashback amount. We are monetizing social sharing and creating a new channel to purchase for retailers from a trusted source.
Coupay has over 2000 retailers and 20 million products on site. Allowing our customers to save items they like to their profile, follow their friends or fashion influencers PLUS Coupay offers all the main drivers to purchasing a product with Coupons, Cashback and Price Comparison all on the one platform. Coupay, its a better way to shop.
Coupay has developed a world first platform where users can earn cashback even without purchasing. Users can share products from a catalog of over 20 million products and share on multiple social networks like Facebook, Twitter, Pinterest or their own blog/website
If sale occurs Coupay passes the cashback rate offered on from that retailer to the user that shared. Our strong reporting system keeps track of all purchase activity refereed from all social networks.
On top of that there is no limit of sharing or re-sharing links which creates a long sales chain.
Coupay has created an easy to use, one stop shop where customers can compare millions of products, use coupons and get cashback all from one platform.
Founder and CEO of Coupay - Using existing conversion methods, coupons, cashback and comparison, Coupay is monetizing users of social networks when they share.
View our story
Who we are
Coupay's founders have known and worked together for close to 3 years.
Coupay has world wide potential, with the ability to focus on local users by leveraging off existing, established, known local retailers and brands, plus
Coupay will monetize a new and exciting channel to purchase by combining proven methods already being used by consumers, plus
By a founding team that has experience, drive, determination and expertise to reach the companies goals.
Why we're doing this
Social equity in our view is one of the biggest untapped resources on the planet. Referrals from trusted sources are 10-20x higher than standard advertising. Unless your an A grade celebrity, users of social networks have not been able to be rewarded for their social equity.
Why not reward normal users for that share or post, and open up a new sales channel to purchase for retailers. Coupay has achieved this with it's unique world first platform.
Most impressive accomplishment
Lucas started his first online venture in 2010, founding electronics and appliances retailer, OHKI. Raising over AUD$1.6m OHKI quickly gained a foot hold in a competitive market. It was later sold in Oct 2012 to an ASX listed company.
Prior to OHKI, Lucas owned a successful Corporate Advisory firm for over the 4 years, of which it was then sold to in 2010.
Lucas gained valuable sale and corporate skills in a number of roles at Singtel Optus between 1995 and 2001.
Hemang brings excellent Ecommerce and technical skills to Coupay.
After completing his Engineering Degree in India, Hemang secured a role at F-Secure Antivirus. Following that, he moved to Australia in 2009 and started a technical role at Tyagi , at the time Australia's second largest direct to consumer TV retailer.
Hemang’s team management and technical skills were further enhanced after being headhunted for the role of Vice President IT at OHKI.
Tell us why you're building this business, and why you're the right
people to do it.