Highlights
About
Mobile Wallet App to Benefit Local Communities
Cinch is focused on creating vibrant communities where people have a sense of mutual purpose and belonging. The company aims to connect local businesses, consumers, and communities through its app, Cinch Mobile Wallet. Cinch Mobile Wallet encourages consumers to shop local by allowing them to save money and help their community at the same time. When consumers shop with Cinch, local businesses benefit from increased sales and loyalty. In turn, more money circulates within the community to support local schools, roads, emergency services, and more. In addition, Cinch gives back a portion of all local proceeds to local causes, ensuring that money spent with Cinch directly benefits the users community.
Identity
| Name | Cinch |
|---|---|
| Slug | credibilio |
| Former names | Credithood |
| Type / kind | startup |
| Crunchbase ID | cinchkey |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN6uzekLDA |
Status
| Status | inactive |
|---|---|
| Status reason | Non Active, Feb 2019 ceased to operate |
| Last update | 2026-05-17 |
Location
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Tel Aviv-Yafo |
| HQ address | Tel Aviv-Yafo |
Web & social
| https://www.linkedin.com/company/10519137 | |
| Twitter / X | https://twitter.com/CinchWallet |
| https://www.facebook.com/cinchwallet |
Classifications
Funding
| Total raised | $1.4M |
|---|---|
| Current stage | Mature |
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