Dosh

One of the leading standalone consumer-facing card-linked offer apps in the U.S. prior to shutdown; acquired by Cardlytics to complement its bank-channel CLO infrastructure.

Founded in 2016 and headquartered in Austin, Texas, Dosh was a card-linked offer (CLO) platform that enabled consumers to earn automatic cashback rewards simply by linking their credit or debit cards and shopping at participating merchants. Unlike traditional coupon or rebate apps that required manual activation, Dosh's core innovation was frictionless reward delivery — transactions were detected automatically, and cashback was deposited directly into users' in-app wallets without any clipping, scanning, or code entry. The platform attracted millions of users and partnered with major brands including Walmart, Sam's Club, and various hotel chains, positioning itself as one of the leading consumer-facing CLO products in the United States. Dosh raised significant venture funding before being acquired by Cardlytics — a publicly traded purchase-based intelligence and advertising platform — in March 2021 for approximately $275 million. The acquisition was intended to bolster Cardlytics' consumer-facing capabilities and expand its card-linked offer ecosystem beyond its bank-channel roots. Dosh's technology and merchant relationships were folded into Cardlytics' broader infrastructure, which powers rewards and offers programs for major financial institutions. Despite the acquisition, Dosh continued operating as a consumer-facing app for several years post-acquisition. However, Cardlytics ultimately decided to discontinue the standalone Dosh product. The app accepted its last qualifying transaction on January 16, 2025, allowed users to withdraw remaining balances through February 23, 2025, and formally shut down on February 28, 2025. Dosh's legacy lies in demonstrating the mass-market appeal of automated, card-linked cashback rewards and helping validate the CLO category as a significant channel within the broader AdTech and retail media landscape.