CORA Group Acquires RewardOps
CORA Group has acquired RewardOps, an API-based engagement commerce platform for building and managing loyalty rewards programs.
Markham, Ontario, November 16, 2020 - CORA Group (“CORA”), a subsidiary of Jonas Software (“Jonas”), is pleased to announce its 100th acquisition with the addition of RewardOps, an engagement commerce platform creating positive disruption in the loyalty space. RewardOps' API-based software enables forward-thinking companies in the loyalty industry to easily build, track and streamline their rewards programs. This acquisition also marked CORA's first milestone in entering the loyalty vertical.
Through one simple integration, customers can access millions of products from a continuously growing marketplace of exciting reward suppliers for new and deepening levels of engagement. Customers who leverage its trailblazing technology are global leaders in the financial, travel and retail verticals.
“We're pleased to welcome RewardOps to the team, a recognizable leader in the loyalty vertical,” said Matt Otchet, CEO of CORA Group. “RewardOps has grown significantly in recent years and has become a sophisticated solution for managing suppliers, points earn, redemptions, logistics and accounting. Please join me in welcoming the RewardOps team and customers to the CORA family.”
“As experts in building successful vertical market B2B SaaS companies, CORA is the ideal partner to accelerate our innovation and supercharge our growth,” said Azim Esmail, CEO and Founder of RewardOps. “We could not be more excited to begin this journey with CORA, and we are eager to learn from their successes and best practices. Moreover, CORA's decentralized nature and buy-and-hold mantra ensure that we will retain the culture that has defined us over the years and provide an excellent home for our customers and employees. CORA truly resonates with our core values, dedicated to building for the future and embracing change. We look forward to working with them to build upon our success and redefining the rewards industry's future.”
“The acquisition is a very exciting development for RewardOps and the loyalty industry as a whole. CORA's stability and experience combined with RewardOps' deep industry expertise will propel us from early-stage disruptor to industry leader,” said Beth McCoy, Vice President, Partnerships at RewardOps.
About RewardOps
RewardOps is an engagement commerce platform creating positive disruption in the rewards space. Its cloud-hosted infrastructure, SaaS approach and agile methodology set it apart from other companies in the loyalty industry. Using RewardOps' API-based software, forward-thinking companies can easily build, track and streamline their rewards programs. With one simple integration, RewardOps partners can access millions of products from a continuously growing marketplace of reward suppliers for new and deepening levels of engagement. Learn more at www.rewardops.com.
About CORA Group
CORA Group operates over 30 independently managed software brands around the world, providing them with the strategic guidance and financial security required to be leaders in their respective markets. From roots in the construction and healthcare markets, CORA's reach has grown across debt collection and recovery, wine and spirits, moving and storage, loyalty, legal, and long-term care verticals. CORA Group supplies industry-leading enterprise management software and related services to more than 50,000 customers in over 10 vertical markets.