Rewards leader generates 65% year-over-year revenue growth, eyes continued expansion
Madison, Wis., March 11, 2025 – Fetch, America’s Rewards App, announced strong momentum for 2025, reinforcing its position as the most popular rewards app for consumers and brands. In Q42024, Fetch achieved an annual revenue run rate of $500 million, marking a 65% increase year-over-year.
The company also grew monthly active users to 12.5 million, with consumers scanning billions of receipts. Fetch has also increased partnerships across America’s iconic brands in the CPG, restaurant and retail industries.
“Fetch is redefining how brands connect with consumers, turning more of life’s activities into rewarding experiences,” said Wes Schroll, Fetch CEO and Founder. “Our record growth proves the power of our platform, the loyalty of our users and the real-time value we deliver to brand partners.”
The platform has sweeping visibility into what consumers buy with item-level granularity across all retailers and payment methods. Using this verified purchase history, Fetch’s patented AI and machine learning personalizes advertisements to capture consumer attention. Through all of this, Fetch precisely measures its impact in real time, ensuring that marketing dollars are allocated effectively and efficiently.
Fetch’s momentum is buoyed by driving growth for its brand partners, technological innovation, and rewarding more of life’s activities and purchases. Highlights include:
- Nielsen-commissioned MMM (Marketing Mix Modeling) study found Fetch outperforms TV, social media, online video and print in driving incremental revenue
- World-class AI/machine learning receipt processing for unmatched accuracy and fraud prevention for upwards of 3 billion physical receipts and 360 million digital receipts
- Accelerated growth for Fetch Shop with 250 merchants to over 800,000 active users
Looking ahead, Fetch expects momentum to continue into 2025 with Q1 revenue on track to outpace Q42024. This positive trajectory will be fueled by user growth, platform expansion and new product features which will deepen connections between brands and consumers on Fetch.
About Fetch
Fetch, America’s Rewards App, empowers consumers to live rewarded and helps brands create lifelong customers through the power of Fetch Points. Designed to acquire and retain consumers, Fetch has unparalleled visibility into what people buy, capturing billions of spending transactions annually using cutting-edge artificial intelligence and machine learning technologies. Users submit 11M receipts per day and have earned more than $1 billion in Fetch Points. The app is available to download on the App Store and Google Play Store and has more than 5 million five-star reviews from happy Fetchers.
Media Contact
Karlie Fitzgerald
k.fitzgerald@fetch.com
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