Czech Start-up Takes 100% CASHBACK to a New Dimension, Globally - WCIV-TV | ABC News 4 - Charleston News, Sports, Weather

Czech Start-up Takes 100% CASHBACK to a New Dimension, Globally

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SOURCE Tastiera a.s.

PRAGUE, May 15, 2014 /PRNewswire/ --


A new car, mobile phone or trip around the world for free may sound like madness. Czech start-up RedCrox.com makes 100% CASHBACK global and changes the way we shop. 

RedCrox.com, a self-funded start-up, offers customers the chance to earn goods and services completely for free. Just buy, then scan your receipt or invoice and register it on http://www.RedCrox.com. Then guess the winner of a current sporting event, and if you guess correctly, you get 100% cashback on your purchase! For RedCrox.com users, 100% cashback is a game without risk; for business partners, it's an invincible marketing tool, which helps to sell more products and therefore beat the competition.

RedCrox started less than two years ago in the Czech Republic, and is now going global.

The start-up's leading partners are a former Czech model and recent mother, a Bolivian graduate of the Czech University of Economics and an Irish entrepreneur, long-term expat based in Prague. "The RedCrox idea came at a time when my wife was at home with our two kids. There were hundreds of receipts at home, in the office, everywhere. It occurred to me that the receipts are just what connects us, all shoppers, and they could be a very powerful tool. I created a model, a synergetic mix of alternative betting and receipt lottery by eliminating the risk and the randomness. Unlike the lottery, the RedCrox model is not based on randomness. The user is an active participant in the process, choosing his strategy according to his knowledge and sports interests. Nor is it a classic sportsbook, because it completely eliminates the risk of loss and is free of charge. RedCrox.com today has more than 150,000 users, 600 business partners from 11 countries and operates in seven languages. Our objective is a global product which reaches every corner of the world and into every wallet," says Stephen Flanagan, RedCrox.com Founder and CEO. Flanagan expects that after FIFA World Cup in Brazil this July, RedCrox.com will surpass a million users.

"We strongly believe that with the right partners our platform will be very successful worldwide. It brings to a large variety of businesses a unique corporate advantage and helps sellers to sell more. Our next stop is the USA, then India, Brazil, the Far East and China," says Flanagan.

For more information and details, please contact:
Stephen John Flanagan, MBA at flanagan@redcrox.com
Skype: RedCrox.com
Mobile: +421-773-140-440

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