LocalCard

Technology, Information and Internet • Melbourne, Victoria, Australia • 1-10 Employees

Company overview

Headquarters	90 Stephenson St, Cremorne, Victoria 3121, AU
Website	localcard.io
Founded	2023
Employees	1-10

Key Contact at LocalCard

Andrew Scrimgeour

Sales Director | Innovating the Global Gift Card Industry

LocalCard Email Formats

LocalCard uses 1 email format. The most common is {first name} (e.g., john@localcard.io), used 100% of the time.

Format	Example	Percentage
{first name}	john@localcard.io	100%

About LocalCard

The global gift card market was valued at approximately $900 billion in 2022 and is projected to reach over $2 trillion by 2030, with a compound annual growth rate (CAGR) of 10-15%, depending on the source. The digital segment is growing faster than physical cards, reflecting the increasing shift toward e-commerce and digital wallets. The gift card market is ripe for disruption. While the industry has grown significantly, it still suffers from inefficiencies, misaligned incentives, and outdated practices that frustrate both consumers and businesses. Here's why the market is ready for innovation: Breakage (Unused Cards): Many consumers don’t redeem gift cards, resulting in "breakage," which benefits issuers but frustrates buyers and recipients. Poor User Experience: Clunky redemption processes, limited tracking options, and lack of reminders are common issues. Lack of Personalization: Most gift cards offer generic designs and limited options for customization. Geographic Limitations: Gift cards often fail to support local businesses effectively or enable cross-border usage.

LocalCard revenue & valuation

Annual revenue	$342,220
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Technology, Information and Internet industry and current estimated revenues	$1,100,000
Total funding	No funding

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Director

Funding Data

LocalCard has never raised funding before.

Frequently asked questions

LocalCard is located in Melbourne, Victoria, AU.

LocalCard was founded in 2023, making it 3 years old. The company has established itself as a significant player in its industry over this time.

LocalCard has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at LocalCard

Andrew Scrimgeour

Sales Director | Innovating the Global Gift Card Industry

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