Moola (app)

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Moola (app)
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Developer(s)Jean-Francois Eap (CEO)
Initial release2016
Platform
  • Digital smart wallet
  • Egift card marketplace
Available inCanadian
Websitewww.moola.com

Moola is a Canadian-based digital smart wallet and egift card marketplace developed in Vancouver, Canada.

History

Moola (app) was founded in 2016 after the Jean-Francois Eap, CEO of Vancouver-based tech company SKY GLOBAL, travelled to South-East Asia on vacation. He noticed that people would pay for goods and services using gift cards rather than cash. He investigated further and found that it was uncommon to give a gift card as a gift, as is generally the case in the West. On his return to Vancouver, Eap commenced the development of the wallet which launched in 2018 and is available for download at Google Play Store & Apple's App Store. Moola (app) is currently only available for Canadian residents.

About Sky Global

As the parent company of Moola, SKY GLOBAL is a privately owned business headquartered in downtown Vancouver's Jameson House. Employing over 60 staff, SKY GLOBAL develops privacy-focussed applications and communication solutions for users globally.

Functionality

Moola offers deals on purchasing egift cards through the app marketplace. Moola's features include:

  • Occasional daily or weekly deals for purchasing egift cards for selected merchants
  • egift card storage
  • Accepting payments in Bitcoin or credit card

Merchants on Moola (app)

Moola partners with 100+ Canadian retailers and service providers including Sport Chek, Sephora, American Eagle Outfitters and more.

Moola (app) in the media

Moola has received media coverage in Canadian publications like the Daily Hive.[1][2][3].

Criticism of Moola (app)

In 2020, Moola was criticized by users for running out of egift card stock due to deal popularity[4]. The app has also received criticism regarding the initial payment verification process to which some users claim takes too long[5].

Competitors of Moola (app)

Competitors to Moola (app) include Giftcard Granny[6] and UGO Wallet[7]

In the media

  

References

  1. "We just found a hack for major Black Friday savings this year - Daily Hive". Daily Hive.
  2. "13 Canadian restaurants you can support right now with egift cards - Daily Hive". Daily Hive. Retrieved January 22, 2021.
  3. "9 online clothing stores that will enhance your WFH style - Daily Hive". Daily Hive. Retrieved January 22, 2021.
  4. "Red Flag Deals Forum". Red Flag Deals. Retrieved January 22, 2021.
  5. "Moola App Reviews". Appgrooves.
  6. "Giftcard Granny". Giftcard Granny.
  7. "UGO Wallet". UGO Wallet. UGO Wallet.

External links

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