logo
Blinq lands $25M to further its mission to make business cards passé

Blinq lands $25M to further its mission to make business cards passé

Yahoo06-05-2025
It's 2025, but business cards are still in vogue — just visit any conference or industry expo and you'll end up with a pile that's likely to be discarded sooner than later. But as smartphones have become our repositories of information and contacts, people are understandably keen to try out digital alternatives to business cards.
Blinq, a startup out of Melbourne, bet that trend would take off when it started off as a hobby project in 2017, offering a digital business card app with a QR-code widget. Today, the company is making off with a bag of gold: It now has more than 2.5 million users — both individual customers and across 500,000 companies in the U.S., Canada, the U.K. and Australia.
Off the back of that progress, the startup has now raised a $25 million Series A funding round led by Touring Capital. Returning backers Blackbird Ventures and Square Peg Capital also participated in the round, as did new investor HubSpot Ventures.
'[The Blinq's QR] was a simple, personal way to share who you are, and it worked well between iPhone users. But it wasn't until late 2019 when most Android devices caught up on QR scanning, and adoption started to grow,' Jerrod Webb, CEO and founder of Blinq, told TechCrunch. 'Then came COVID — QR codes went mainstream, in-person meetings became more intentional, and Blinq's focus on making those moments seamless and memorable started to take off.'
The startup has taken the B2C2B route ever since. The app lets users create several customized digital business cards for different needs and connect with contacts using them. The app can also automatically capture details and sync them with CRM systems such as HubSpot or Salesforce by using QR codes, email signatures, NFCs, short links, or video call backgrounds.
Blinq is used by individuals, small businesses, and global enterprises, and 80% of its customer base is located in the U.S., Webb said. Its team has scaled from five employees based in Melbourne to 67 across Sydney, Melbourne, New York, and San Francisco, supporting its product development and go-to-market efforts.
'Every time someone uses Blinq, they're introducing it to someone new. And further, we see more frequent usage by active users the longer they're on the platform,' Webb said. 'That built-in virality drives organic growth and keeps our customer acquisition costs low. On the business side, companies pay per seat. As more employees adopt the product, teams grow organically, creating expansion revenue over time.'
Blinq competes with several companies providing similar digital business card services, including Mobilo, Popl, Wave, and Wix. Of course, the app also has to contend with social networking platforms like LinkedIn, landing pages, and services like Linketree.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

BNP Paribas Exane Upgrades Novo Nordisk (NVO) to Neutral from Underperform
BNP Paribas Exane Upgrades Novo Nordisk (NVO) to Neutral from Underperform

Yahoo

time20 minutes ago

  • Yahoo

BNP Paribas Exane Upgrades Novo Nordisk (NVO) to Neutral from Underperform

Novo Nordisk A/S (NYSE:NVO) is one of the top cheap stocks that will go to the moon according to Reddit. On August 13, BNP Paribas Exane upgraded Novo Nordisk A/S (NYSE:NVO) to Neutral from Underperform with a $54 price target. An elderly couple receiving insulin from a pharmacist, representing healthcare company's successful pharmaceutical products. The firm told investors that it sees a more balanced risk/reward now that the company's 'reality' is better reflected in the shares. Novo Nordisk A/S (NYSE:NVO) announced results for the January 1 to June 30 period on August 6, reporting an operating profit growth of 25% in Danish kroner and 29% at constant exchange rates (CER) to DKK 72.2 billion. Management also stated that sales in US Operations rose by 16% in Danish kroner (17% at CER), while sales in International Operations grew by 16% in Danish kroner (19% at CER). Novo Nordisk A/S (NYSE:NVO) is a global healthcare company specializing in diabetes care. It develops, discovers, manufactures, and markets pharmaceutical products. Its operations are divided into two business segments: biopharmaceuticals and diabetes and obesity care. The latter segment covers GLP-1, insulin, and other protein-related products. While we acknowledge the potential of XXXX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Trump says no imminent plans to penalize China for buying Russian oil
Trump says no imminent plans to penalize China for buying Russian oil

Yahoo

time20 minutes ago

  • Yahoo

Trump says no imminent plans to penalize China for buying Russian oil

WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to "in two or three weeks." Trump has threatened sanctions on Moscow and secondary sanctions on countries that buy its oil if no moves are made to end the war in Ukraine. China and India are the top two buyers of Russian oil. The president last week imposed an additional 25% tariff on Indian goods, citing its continued imports of Russian oil. However, Trump has not taken similar action against China. He was asked by Fox News' Sean Hannity if he was now considering such action against Beijing after he and Russian President Vladimir Putin failed to produce an agreement to resolve or pause Moscow's war in Ukraine. "Well, because of what happened today, I think I don't have to think about that," Trump said after his summit with Putin in Alaska. "Now, I may have to think about it in two weeks or three weeks or something, but we don't have to think about that right now. I think, you know, the meeting went very well." Chinese President Xi Jinping's slowing economy will suffer if Trump follows through on a promise to ramp up Russia-related sanctions and tariffs. Xi and Trump are working on a trade deal that could lower tensions - and import taxes - between the world's two biggest economies. But China could be the biggest remaining target, outside of Russia, if Trump ramps up punitive measures. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Mizuho Raises PT on SM Energy Company (SM) to $44 From $42, Keeps an Outperform Rating
Mizuho Raises PT on SM Energy Company (SM) to $44 From $42, Keeps an Outperform Rating

Yahoo

time20 minutes ago

  • Yahoo

Mizuho Raises PT on SM Energy Company (SM) to $44 From $42, Keeps an Outperform Rating

SM Energy Company (NYSE:SM) is one of the top cheap stocks that will go to the moon according to Reddit. On August 1, Mizuho raised the firm's price target on SM Energy Company (NYSE:SM) to $44 from $42, keeping an Outperform rating on the shares. A large oil tanker on the horizon, highlighting the wealth of resources this company brings. The firm told investors that it believes the company's Q2 should bring more confidence in its potential to execute on the Uinta integration. SM Energy Company (NYSE:SM) reported record net quarterly production of 19.0 MMBoe, or 209.1 MBoe/d, in Q2 2025, exceeding expectations at 5% above the midpoint of guidance. SM Energy Company (NYSE:SM) also paid down its revolving credit facility balance to zero, ending the quarter with a $101.9 million cash balance. Management stated that the company expects to attain its target leverage metric of 1.0x by year-end at current commodity prices. SM Energy Company (NYSE:SM) is an independent energy company that engages in the exploration, development, acquisition, and production of gas, oil, and natural gas liquids. While we acknowledge the potential of XXXX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store