Newsroom

Portland-Based CashStar Generated More Than $500M in Gross Merchant Sales in 2013

CashStar came into plenty of cash of its own last year. The Portland, Maine-based company, which allows top businesses to offer email-personalized gift cards to customers, shared on Thursday its 2013 revenues.

The company generated more than $500 million in gross merchant sales with a 92 percent growth year-over-year from 2012 to 2013.

CashStar added more than 70 new retail and restaurant brands, including Brookstone, Golfsmith, Office Depot, Dunkin’ Donuts, Landry’s, Caribou Coffee and Vans, in the last year. The company also inked deals with 25 new distribution partners, including Facebook and IDT.

Read More