Lolli, the Bitcoin rewards platform from Thesis*, today announced a partnership with Kard, the independent commerce media network, to bring card-linked Bitcoin cash back rewards to its user base. Lolli users who link an eligible debit or credit card now earn Bitcoin automatically on qualifying purchases across Kard’s network of merchants, including Ticketsmarter, Hydro Flask, Lids, and dozens more recognizable brand names.
The launch marks Lolli's biggest product upgrade since joining Thesis* and opens access to thousands of additional merchant offers without the friction of activating each one. For Lolli's user base of more than 600,000 accounts, it turns routine spending into a passive Bitcoin accumulation engine.
“Most people don’t want to think about earning Bitcoin. They want to live their lives and have it happen. Kard lets us deliver that. Our users link a card once, and Bitcoin shows up in their wallet from spending they were already going to do.” - Matt Luongo, Co-founder of Thesis*
How it works
Inside the Lolli app, users link a Visa or Mastercard. Qualifying purchases at participating merchants trigger Bitcoin rewards that post to the user's Lolli wallet, where they can be withdrawn via Lightning or sent into the broader Thesis* Bitcoin stack, including Mezo for borrowing and yield.
Kard's commerce media network powers the merchant offers using first-party transaction data from tens of millions of cardholders. Lolli gains a deep, continuously expanding offer catalog without operational overhead, and Kard's merchants gain exposure to a Bitcoin-native consumer base they can’t reach through traditional rewards channels.
“Lolli's audience is one of the most distinctive consumer cohorts in the rewards space,” says Ben Mackinnon, CEO of Kard. “We’re excited to power infrastructure that lets them earn Bitcoin in the background of their everyday spending, and to give our merchants a meaningful new channel into that audience.”
Part of a circular Bitcoin economy
Lolli is the consumer entry point in Thesis*'s portfolio of Bitcoin-native products. Users can earn Bitcoin through Lolli, borrow against it on Mezo at a fixed 1% APR, and spend it through Bitrefill and other integrations, all without selling their BTC. The Kard partnership deepens the earn layer of that stack.
About Lolli
Lolli is a leading Bitcoin rewards platform, letting users earn Bitcoin on everyday shopping at thousands of online and in-store merchants. Lolli is part of Thesis*, the Bitcoin-focused venture studio building the infrastructure for a circular Bitcoin economy where users earn, borrow, and spend Bitcoin without ever selling it. Learn more at lolli.com.
About Kard
Kard is the first independent commerce media network. Using predictive AI and first-party transaction data from tens of millions of Gen Z and Millennial shoppers, Kard powers hyperpersonalized offers that scale customer acquisition. Its flexible, API-driven platform allows fintechs and financial institutions to compete with the biggest banks and loyalty programs, while giving merchants a scalable channel for engagement. Learn more at getkard.com.
