Procision is a B2B platform at the intersection of retail, loyalty and climate ESG
Mission and Opportunity
Capture Revenue by helping retailers and loyalty marketers tame the explosion of ways to pay and redeem.
Supercharge brand loyalty with payment choice and validated climate rewards.
Capture Revenue by helping retailers and loyalty marketers tame the explosion of ways to pay and redeem.
Supercharge brand loyalty with payment choice and validated climate rewards.
Our Solution
Fiat |
Loyalty Points |
Cryptocurrencies |
Branded Tokens |
Procision lets retailers set prices and create campaigns across all payment types all in one platform
The Opportunity is immense
- The US retail market is $5 trillion annually, nearly all in dollars.
- Annual fees charged by platforms for retail transactions exceed $300 billion.
- Procision’s tools to accept *any* currency or reward type will capture billions in fees.
- While driving climate remediation through purchases and rewards.
Go To Market
Procision integrates with existing retail and loyalty platforms to greatly extend their capabilities.
Partners can now transact in any currency
Procision takes a revenue share and drives ESG through validated climate projects
Procision integrates with existing retail and loyalty platforms to greatly extend their capabilities.
Partners can now transact in any currency
Procision takes a revenue share and drives ESG through validated climate projects
Revenue Model
Transaction pricing
- Typical of retail and crypto
- Captures high volume cases
Per account subscription pricing
- Typical of loyalty programs
- Gives loyalty-centric clients cost predictability
Revenue projection
Founding Team
Bob Visnov
Founder & CEO
Bob has built solutions for fintech, blockchain/defi, airline operations, accounting, payments, media, predictive analytics, loyalty, and the US Postal Service Electronic Postmark. He was VP/Software at JPMorgan and founded Timegen Consulting.
Josh Thompson
VP, Business Development
New York-based serial entrepreneur and investor with over 15 years of experience across the ed tech, venture capital, impact investing, and blockchain industries.
Hugo Barecca
CFO
Hugo is an expert in financial planning and general management of non-profits and for-profits; he has a PhD in Public Policy from CUNY, a JD from Fordham Law, and an MBA from NYU.
Advisory Team
Mike Capizzi, CLMP
Advisor
Dean of the Loyalty Academy and 45+ year veteran of the marketing services industry. BBA in Marketing from the University of Cincinnati; MA in Media from NYU.
Sheldon Gilbert
Advisor
Founder & CEO of Proclivity Systems, the online exchange for price discovery, high-speed trading and yield optimization. Founder of Kura Labs, the DevOps/SRE vocational academy.
Geoffrey McCabe
Advisor
Geoff is founder and chairman of the DIVI Project which operates the DIVI blockchain and cryptocurrency.
Richard Dutton
Advisor
Board Member, Loyalty Academy.
Co-Founder of ELIAS Partnership (legal advisory firm focusing on data regulation and protection of data rights)
Gretchen Grant
Advisor
CEO of DailyFX and Board Member of FX Publications. Previously CEO of BobVila.com and General Manager of Meredith Corporation. Economics BA from Yale and MBA from Harvard Business School.
Seeking $1M pre-seed funding
Climate remediation approach
Through its partnership with Soli Solutions** Procision fractionalizes both climate project participation and carbon offsets.
Using a patented process, Soli Solutions provides validated climate services to businesses and consumers.
Procision brings this loyalty-enhancing process to retailers for consumer transactions, as an additional reward option.
**See https://www.einpresswire.com/article/615698596/soli-solutions-announces- new-integration-platform-with-procision-inc?r=payh2TM1pX0F3LsaT5
Through its partnership with Soli Solutions** Procision fractionalizes both climate project participation and carbon offsets.
Using a patented process, Soli Solutions provides validated climate services to businesses and consumers.
Procision brings this loyalty-enhancing process to retailers for consumer transactions, as an additional reward option.
**See https://www.einpresswire.com/article/615698596/soli-solutions-announces- new-integration-platform-with-procision-inc?r=payh2TM1pX0F3LsaT5
Contact us for a demonstration
Competition is looking the other way
Gemini, Loyyal, etc. : their token
Procision : your token
Amazon : JPM Chase
Procision : Bakkt
BitPay : coins
Procision : coins, points, fiat
Block : BTC
Procision : BTC, ETH, CBDC, Custom, ..
Them : built for the present
Procision : built for the future
Advanced Features
Recommendation Engine for how to pay
- Overwhelmed consumers now have help with the many proliferating types of payments.
Coalition Marketplace
- Retailers can make dynamic reward-sharing partnerships for SKUs on the fly.
Tax reporting
- Retail transactions can trigger a capital gain or loss, if a cryptocurrency is used for payment.
Timeline
Working Prototype, advisor group, initial client and investor discussions.
2Q23 |
Pre-seed round, core API development, Initial LOIs and patent filings.
3Q23 |
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3Q23 MVP, initial clients launched, platform partner integrations, serious development for scale. |
4Q23 Revenue from early clients, platform partner integrations. |
1Q24 Large seed or Series A, to scale and aggressively expand. |