Beam
Technology, Information and InternetLisbon, Portugal11-50 Employees
Beam is a technology company focused on payments and marketing solutions built on blockchain-inspired concepts to support commercial and services retail businesses through merchant-enabled smart contracts. The platform integrates payment cards and provides marketing tools for merchants who install terminals, enabling users to access the system via a smartphone app and receive immediate cashback in their wallet with each purchase. The business emphasizes data value, aiming to differentiate itself from payment-only competitors by recognizing and leveraging the data generated through transactions. Based in Lisbon, Beam targets merchants and shops within local communities to expand its network and increase transaction volume. The company has positioned its expansion around the concept of nearby, neighborhood adoption and has added features such as buy-now-pay-later capabilities alongside a digital token for participants across its ecosystem. Recent developments in the news suggest focused activity around product and market expansion within its described framework.