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Draft:Snaplii

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Snaplii
IndustryE-commerce, Shopping & Retail
FoundedNovember 2020
FounderSpencer Xu
HeadquartersCanada
Area served
North America
ServicesCashback
Snaplii
IndustryE-commerce, Shopping & Retail
FoundedNovember 2020
FounderSpencer Xu
HeadquartersCanada
Area served
North America
ServicesCashback

Snaplii is a cashback payment app available across North America[1]. It was founded in November 2020 and headquartered in Toronto, Ontario. Snaplii specializes in digital wallet technology with a focus on a cashback e-gift card marketplace. The company aims to provide users with a convenient shopping experience while helping them save money in their daily lives. Users can directly purchase and store e-gift cards from notable brands such as Walmart, Tim Hortons and Amazon (company) within the app. Snaplii is dedicated to providing innovative solutions to both local merchants and consumers in North America.

Main Features

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Snaplii offers a digital wallet that integrates cashback rewards with an e-gift card marketplace. By incorporating various lifestyle retail brands into a one-stop platform, users can access more savings opportunities, making everyday expenses more efficient and affordable. The gifting feature allow users to send e-gift cards to friends and family while earning cash back on those transactions. The platform is designed to cater to a broad North American audience, while offering services tailored to Chinese users, including bill payments via WeChat Pay and Alipay.

History

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Snaplii raised an undisclosed amount from five investors in 2020, including BitRock Capital and Celtic House Asia Partners.[2]

The app achieved a top 10 ranking in the Shopping category on the Canadian App Store in 2024.

In 2024, partnered with Taste Asia to introduce the Taste Asia "E-Access Card," facilitating a cashless experience at the event.

Company Culture and Values

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Snaplii values collaboration and innovation, driven by a diverse team of industry professionals. The company fosters a culture of empowerment and strategic vision, led by seasoned veterans who aim to keep Snaplii at the forefront of digital wallet technology.

Notable Press

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In May 2024, CEO Spencer Xu was invited to the 2023 Harvard College China Forum to discuss the future of digital wallets.

In October 2023, Spencer presented at the Autumn Economic and Trade Summit, offering insights into future product delivery to end-users.


References

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