Bitmo’s platform lets users send each other digital gift cards that can be spent on the company’s other brands. Digital payments made through Bitmo are packaged to look like gift cards. Friends can send each other gifts, or companies can send users promotional gift cards. Photo courtesy of Bitmo

Bitmo’s platform lets users send each other digital gift cards that can be spent on the company’s other brands. Digital payments made through Bitmo are packaged to look like gift cards. Friends can send each other gifts, or companies can send users promotional gift cards. Photo courtesy of Bitmo

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Mike Smallwood

BITMO INC.

CEO: Mike Smallwood

Amount of funding raised to date: $4.28 million

No. of local employees: 16

Investors: Everplus Capital, Longboard Capital Advisors, Jeff Haux

Headquarters: Carlsbad

Year founded: 2016

Company description: Bitmo develops digital gift cards that can be exchanged between major retailers.

Frustrated by the growing number of plastic gift cards in his wallet, San Diego software entrepreneur Mike Smallwood sought out a digital solution...

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