P
PointsKash
Financial kiosk and app for converting loyalty points.
About PointsKash
PointsKash, founded in 2020, is a financial technology company developing an ecosystem that bridges cash-based consumers and the digital economy through a network of self-service kiosks and a mobile application. The company is led by co-founder and CEO Steve Janjic, a serial entrepreneur with a background in finance, technology, and cryptocurrency. His previous venture involved establishing the first electronic exchange for the cannabis industry. PointsKash has had two CEOs, with Michael Herron taking the role as of August 2026.
Read full description
The company's core offering combines physical and digital platforms to allow users to convert loyalty rewards points, cash, and digital assets into spendable funds. This is delivered through its network of "KashPoints" financial kiosks and the "PK Pay" mobile app. The kiosks are designed to be all-in-one financial centers, offering services such as ATM access, bill pay, check cashing, money transfers, cryptocurrency purchasing, and the ability to obtain a Discover debit card on the spot. The platform is built on blockchain technology, specifically leveraging the Algorand blockchain for its payment system and anchoring transaction data to the Bitcoin blockchain for security and verifiability. This infrastructure is designed to provide secure, verifiable transaction records for regulators and partners.
PointsKash targets the underbanked and underserved consumer segment, providing them with access to digital financial services. The business model also serves merchant partners by integrating a universal loyalty cash-back program with payment processing, aiming to increase foot traffic and provide an additional revenue stream. For companies with loyalty programs, partnering with PointsKash allows them to move point liabilities off their balance sheets. The company generates revenue by charging consumers a 3% fee for redeeming reward points, a portion of which is shared with the partner company.
The company has secured significant funding to support its expansion. In October 2021, it raised a seed round from Seabury Capital Group. More recently, in August 2026, PointsKash secured a strategic capital commitment of up to $100 million from Hawk Capital Advisors to accelerate its national rollout. This funding is staged, with an initial $35 million to support the refurbishment and deployment of approximately 2,100 kiosks and the development of the PK Pay app. To bolster its technology, PointsKash acquired the software assets of ChainBytes in July 2026, bringing founder Eric Grill on as Principal Software Architect.
At a glance
- Founded
- 2021
- Headquarters
- Palo Alto, United States
- Sector
- Fintech
Latest news
Press, funding announcements and product moves mentioning PointsKash.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Seabury Global Markets
Series B and later3 investors entered at this stage
Forshaw Capital Group- RLRedhawk Investments LLC
- KCKitty Hawk Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about PointsKash on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See PointsKash on the full Dealroom platform
Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.