Cardlytics Expands into Asia
October 18 2018 - 8:00AM
Business Wire
Purchase Intelligence Leader Opens First Asia
Office in Visakhapatnam, India
Cardlytics (NASDAQ:CDLX), a purchase intelligence platform that
makes marketing more relevant and measurable, announced today its
plans for a Q1 2019 expansion into Asia with the opening of an
office in India’s Sunrise State of Andhra Pradesh in the city of
Visakhapatnam (Vizag).
The outpost in Vizag, the financial capital of Andhra Pradesh
and a growing hotspot for fintech innovation, marks Cardlytics’
next step in its global expansion efforts, following the successful
launch of its UK operations in 2013. Cardlytics plans to hire
approximately 80 full-time employees by the end of 2020, allowing
for research and development around the clock.
Cardlytics co-founder and chief operating officer, Lynne Laube,
and chief technology officer, Sathish Gaddipati, will officially
announce the company’s expansion plans at the Vizag Fintech
Festival, October 22 - 24. The 2018 Vizag Fintech Festival will
focus on India’s digital transformation, emerging technology, and
the future of banking and payments in the region, among other
topics. Cardlytics will also have an informational booth at the
event, booth number B01, to connect with interested clients,
partners, and job applicants.
“Many of India’s brightest workers are flocking to Vizag to help
advance the fintech revolution that’s transforming the region,”
said Laube. “Establishing a Cardlytics office in Vizag as this
movement is gaining momentum is a strategic growth opportunity that
will enable us to continue to drive innovation across the
globe.”
For more information on Cardlytics India, visit
www.cardlytics.com/india.
About Cardlytics
Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make
marketing more relevant and measurable. We partner with more than
2,000 financial institutions to run their banking rewards programs
that promote customer loyalty and deepen banking relationships. In
turn, we have a secure view into where and when consumers are
spending their money. We use these insights to help marketers
identify, reach and influence likely buyers at scale, as well as
measure the true sales impact of marketing campaigns. Headquartered
in Atlanta, Cardlytics has offices in London, New York, San
Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.
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For CardlyticsAlex Wittner,
646-277-1218CardlyticsPR@icrinc.com
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