SAN FRANCISCO--(BUSINESS WIRE)--CARDFREE®, the leading mobile commerce provider to large merchants, announced today it was selected by Red Herring as one of its Top 100 North America award winners. Red Herring selects the award winners from approximately 1,200 privately financed companies each year in the US and Canada. CARDFREE® was selected for powering some of the most successful merchant mobile applications including Dunkin’ Donuts, which launched On-the-Go mobile ordering nationwide this week.
Since launching in 2012, CARDFREE® has become the leading mobile commerce platform to QSRs, reaching over 22,000 merchant locations with access to over 90 million consumers each week. It has also expanded into casual dining and other high volume industries including grocery, convenience and gas.
“We are extremely lucky to have launched the right technology with a best-in-class team at the right time,” commented Jon Squire CEO and founder of CARDFREE®. “From the outset, we knew that there was a gap in the marketplace for an integrated mobile commerce solution for large merchants and that merchants would be the key drivers of mobile adoption. What we didn’t know is how ready and willing merchants were to using mobile as a way to disrupt traditional services, such as Point of Sale systems, CRM, loyalty, and payments, that were not evolving with their needs. We’re honored that Red Herring has recognized these industry shifts and CARDFREE®’s end-to-end solution for this new ecosystem.”
“In 2016, selecting the top achievers was extremely difficult,” said Alex Vieux, publisher and CEO of Red Herring. “The variety, depth, disruption and traction we saw from the early stage companies to those with significant scale made it one of the toughest vintages to judge. The North America winners are representative of the amazing ecosystem that never ceases to astound, with new and experienced entrepreneurs continuing to push the barriers of innovation. As one of the winners, CARDFREE® should be proud of its accomplishment under such strong competition.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, DNA of the founders, business model, customer footprint and market penetration. Red Herring editors were among the first to recognize companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, and YouTube.
From the team that deployed the three largest mobile commerce initiatives in the U.S., CARDFREE® offers merchants a one-stop solution to mobilize and enhance the customer experience for maximum ROI. Our award-winning platform provides end-to end capabilities to engage customers via merchant-branded interfaces such as mGifts, messaging, offers, loyalty, payments, order ahead and social media integration.
CARDFREE® is headquartered in San Francisco and has been recognized as a "Fierce 15" company by Fierce Wireless, as having the Best Mobile Merchant Platform by Frost & Sullivan and as Best Mobile Start-up by the MEA Awards. Customers include Dunkin’ Donuts, Taco Bell, and Sonic Drive-In.