Coign
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Coign - overview
Established
2022
Location
Potomac, MD, US
Primary Industry
Financial Services
About
Based in Maryland, US, and founded in 2022 by Rob Collins, Zing America, Inc. , doing business as Coign operates as a financial services provider focused on conservative individuals and organizations, offering a credit card that aligns spending with conservative values and supports associated causes through a cash back rewards program. In April 2024, Zing America, Inc. raised USD 13.
7 million in a Series B funding. The series B funding values Zing America, Inc. at USD 87. 55 million post-money.
Coign offers a credit card specifically designed for conservative individuals and organizations, representing America's first credit card built by and for Conservatives. The Coign credit card aligns users' financial transactions with their conservative values by ensuring that the funds spent are directed towards conservative causes rather than those that contradict them. Customers can apply for the credit card online and receive rewards through a 1% cash back program, which is tracked as points redeemable for statement credits, fostering engagement with the conservative community. The target customer base comprises individuals who prioritize aligning their spending with their ideological beliefs, advocating for conservative commerce, and supporting American Conservative charities.
Coign generates revenue through transaction fees collected from merchants every time cardholders make a purchase. The company plans to use its Series B funding to enhance its product offerings and develop additional financial services that align with conservative principles. Plans include expanding marketing efforts across the United States and potentially exploring opportunities in regions with strong conservative communities, aiming to improve its presence by the end of 2025.
Primary Industry
Financial Services
Sub Industries
Retail Banks, Consumer Finance
Website
www.coign.com/
Verticals
FinTech, FinTech
Company Stage
Series B
Total Amount Raised
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