Mobile Wallet Laughingstock Clinkle Finally Launches To Let You Pay Friends And Earn “Treats”

SHANTELHEART'S BLOG NEWS

TechCrunch

After 17 months of jokes about vaporware college payments startup Clinkle, its iOS and Android apps finally launched today at a few colleges. Clinkle lets you pay friends, get a pre-paid Visa, and earn gifts like Baskin-Robbins ice cream for buying stuff with your Clinkle card. The trick is that Clinkle gamifies payments. You can only see Treats sent to you by friends if you pay with your Clinkle card, and you can “Spin the Treat to see if you won a refund on your last purchase.” Oh, and Clinkle trumpets “we’re not into fees” but will charge you them for a dozen different reasons.

After raising $30 million only to endure a talent exodus, layoffs, and product delays, at least Clinkle got something out the door. Even if its doubtful anyone will use it.

[Update 7:15pm PST: A source familiar with Clinkle’s plans said the company didn’t intend to…

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