Скачать или смотреть How Fintech Innovator Playbasis Aims to Transform the Loyalty Industry Into Securitized Asset Class

The sources consist of an investment memo and related pitch materials for Playbasis, a company aiming to transform loyalty reward points into a new investable asset class by positioning itself as a fintech platform. The core strategy involves creating a Special Purpose Vehicle (SPV) to purchase rewards in bulk and securitize the predictable cash flows generated by loyalty programs, much like airlines have successfully done to raise billions in capital. Playbasis emphasizes its AI-guided decision engine for dynamic reward allocation, its use of policy-as-code for compliance in regulated industries like banking, and its financial structure designed to attract both venture capital (for the technology) and alternative asset managers (for the stable, bond-like returns from the securitized pool). The materials also provide detailed financial modeling and pilot strategies tailored for enterprise buyers in the banking, fintech, and insurance sectors.