SpendSmart Networks, Inc. announced that it has received $0.13 million in funding

SpendSmart Networks, Inc. (SpendSmart) is a full-service mobile and loyalty marketing agency that offers a means for small and large business owners to connect with their consumers and generate sales. The Company provides loyalty systems, and digital engagement and marketing services through its Mobile and Loyalty Marketing programs and Website building software. Its business involves over two licenses, which include, among other things, a software as a service (SaaS) system, marketing and sales training materials, and mobile-responsive Website building software. It operates under the name SMS Masterminds. It provides training materials, best practice guides and other resources to its licensees. The licensees also utilize loyalty kiosks provided to their merchants. The loyalty kiosks are tablet devices set up in physical retail locations where consumers can enter their mobile phone number to opt-in to receive notifications from the merchant.