Large Unspent Gift Card Market With over 45 billion dollars in unspent gift cards in the US and $120 billion in new cards issued annually, there is a substantial opportunity for PayGarden to target gift card holders and convert these assets into usable revenue streams through its platform.
Expanding Customer Base By enabling online services to accept popular US gift cards like Starbucks, Walmart, and Best Buy, PayGarden can attract customers who lack credit cards or prefer using gift cards, thereby expanding the potential customer demographic for its clients.
Growth Potential in Industry Operating within the competitive software development sector with a focus on payment solutions, PayGarden has room to grow by leveraging the increasing adoption of alternative payment methods and integrating with more retail brands.
Strategic Funding Position With a recent funding of 7 million dollars and annual revenues estimated between 10 and 25 million dollars, PayGarden is positioned for strategic growth initiatives and increased sales efforts targeting mid-sized clients seeking innovative payment solutions.
Technology-Driven Solutions Utilizing cutting-edge technologies like React, Gatsby, and Amazon ALB, PayGarden offers scalable and secure payment solutions that appeal to online services looking to enhance transaction flexibility, creating opportunities for tailored sales pitches and integrations.