Carlo Cisco pitches Select, a membership platform offering real discounts like 30% off restaurants and hotel rates 60% below public prices at 1.6 million locations. Monthly revenue has doubled since February. The company plans to launch a credit card combining points with exclusive benefits.
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Hey guys, my name is Carlo Cisco and I'm the founder and CEO of Select. So the credit card industry is massive and there are hundreds and hundreds of cards, but what ultimately differentiates one card from the next? The rewards. But when you look at the rewards, you see a lot of the same things— points you may or may not be able to use towards travel, and crap that you're never ever going to use. So we thought, why can't these rewards be things that are actually useful? Why can't they be things that I would use in my daily life? Well, now they are. Introducing Select. Select is currently a membership service and mobile app that connects people with exclusive events, pricing, and perks at over 1.6 million locations as well as online. We partner with hundreds of top-rated local restaurants and nightlife venues, as well as premier global brands in travel, retail, entertainment, and more to offer significant ongoing benefits exclusively to our community. And I'm not talking about miscellaneous points or fractional cash back. I'm talking about every time you go out to dinner, getting 30% off the full bill. Every time you go out for drinks, getting your first round on the house. Every time you travel, booking your hotel at rates that are up to 60% below the lowest publicly available, and much, much more. With Select, rewards are tangible and they happen at point of sale. Let's face it, points on a statement does not equate to drink in my hand. So it's no surprise that we've seen great momentum. Monthly revenue has doubled since February, and new member revenue has nearly tripled over the same period. So what's next? We recently solidified agreements to launch the Select credit card. This card will combine the sort of points that you would typically see from a Premier card with our proprietary network of exclusive on-demand benefits that are only available to our members. So if you want to help us redefine rewards and shape the future of financial services, let's chat.