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January 14, 2019 at 8:00 AM EST

Company to Participate in Two Upcoming Investor Conferences

ATLANTA, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that helps make marketing more relevant and measurable, today announced preliminary financial results and FI MAUs for the fourth quarter ended December 31, 2018 in advance of participating in two upcoming investor conferences.

Preliminary Results for the Fourth Quarter 2018

• Total revenue is expected to be between $47.0 and $48.0 million.
• FI MAUs for the fourth quarter are expected to exceed 80.0 million.

The definition of FI MAUs is included below under the caption “Other Performance Metrics.”

Scott Grimes, CEO & Co-Founder of Cardlytics commented: “We are pleased with our revenue performance in the fourth quarter, which is expected to be above our prior guidance. In addition, we had strong MAU growth in the fourth quarter and expect that growth to continue into 2019. We will share additional information on our upcoming earnings call on March 5th.”

The foregoing expected results are preliminary and are subject to change based on the completion of the Company’s quarter-end review process. These preliminary financial results include calculations or figures that have been prepared internally by management and have not been reviewed or audited by the Company’s auditors. The Company will report full fourth quarter 2018 results on March 5, 2019.

ICR Conference and Needham 2019 Growth Conference

As previously announced, Cardlytics will present at two upcoming conferences:

• Scott Grimes, CEO & Co-Founder of Cardlytics, will present at the ICR Conference today, Monday, January 14, 2019, at 2:30 p.m. Eastern Time.
• Mr. Grimes will present at the Needham 2019 Growth Conference on Wednesday, January 16, 2019 at 8:00 a.m. Eastern Time.

A live audio webcast of each event will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the events, an archive of the webcasts will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco and Visakhapatnam. Learn more at www.cardlytics.com.

Cautionary Language Concerning Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to our financial guidance for the fourth quarter of 2018 and the expected future growth of FI MAUs in 2019. These forward-looking statements are made as of the date hereof and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control.

Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: our financial performance, including our revenue, margins, costs, expenditures, growth rates and operating expenses, and our ability to sustain revenue growth, generate positive cash flow and become profitable; risks related to our substantial dependence on our Cardlytics Direct product; risks related to our substantial dependence on Bank of America, N.A., JPMorgan Chase Bank, NA ("Chase") and a limited number of other financial institution (“FI”) partners; risks related to our ability to successfully implement Cardlytics Direct for Chase and Wells Fargo & Company ("Wells Fargo") customers and maintain a relationship with Chase and Wells Fargo; the amount and timing of budgets by advertisers, which are affected by budget cycles, economic conditions and other factors; our ability to generate sufficient revenue to offset contractual commitments to FIs; our ability to attract new FI partners and maintain relationships with bank processors and digital banking providers; our ability to maintain relationships with marketers; our ability to adapt to changing market conditions, including our ability to adapt to changes in consumer habits, negotiate fee arrangements with new and existing financial institutions and retailers, and develop and launch new services and features; our significant amount of debt, which may affect our ability to operate the business and secure additional financing in the future, and other risks detailed in the “Risk Factors” section of our Form 10-Q filed with the Securities and Exchange Commission on November 13, 2018 and in subsequent periodic reports that we file with the Securities and Exchange Commission. Past performance is not necessarily indicative of future results. The forward-looking statements included in this press release represent our views as of the date of this press release. We anticipate that subsequent events and developments will cause our views to change. We undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Other Performance Metrics

Cardlytics defines FI MAUs as customers or accounts of its FI partners that logged in and visited the online or mobile banking applications of, or opened an email from, its FI partners during a monthly period. Cardlytics then calculates a monthly average of FI MAUs in the applicable period.

January 7, 2019 at 4:05 PM EST

ATLANTA, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that helps make marketing more relevant and measurable, today announced it will present at two upcoming conferences in January: the 21st Annual ICR Conference and the 2019 Needham Growth Conference

• Chief Executive Officer and Co-Founder, Scott Grimes, will present at the ICR Conference on Monday, January 14, 2019 at 2:30 p.m. Eastern Time and will be webcast live.
• Mr. Grimes will present at the Needham Conference on Wednesday, January 16, 2019 at 8:00 a.m. Eastern Time and will be webcast live.

A live audio webcast of each event will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the events, an archive of the webcasts will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics
Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco and Visakhapatnam. Learn more at www.cardlytics.com.

November 27, 2018 at 4:05 PM EST

ATLANTA, Nov. 27, 2018 (GLOBE NEWSWIRE) -- Cardlytics, Inc., (NASDAQ: CDLX), a purchase intelligence platform that helps make marketing more relevant and measurable, today announced it will present at two upcoming conferences in December: the Raymond James 2018 Technology Investors Conference, and the Wells Fargo 2018 Tech Summit.

• Chief Operating Officer and Co-Founder, Lynne Laube, will present at the Raymond James Conference on Tuesday, December 4, 2018 at 2:25 p.m. Eastern Time and will be webcast live.
• Chief Financial Officer, David Evans, will present at the Wells Fargo conference on Wednesday, December 5, 2018 at 12:50 p.m. Eastern Time and will be webcast live.

A live audio webcast of each event will be available on the Cardlytics Investor Relations website at http://ir.cardlytics.com/. After the events, an archive of the webcasts will also be available for a limited time on the Cardlytics Investor Relations website.

About Cardlytics
Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco and Visakhapatnam. Learn more at www.cardlytics.com.

Significantly increases impact of Cardlytics Direct native advertising channel

ATLANTA, GA – Nov. 20, 2018 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, announced today the launch of Chase Offers, a new program for the largest bank in the U.S.

Through Chase Offers, customers will receive offers that earn them statement credits on everyday purchases, with targeted digital marketing designed to drive incremental in-store and online sales for merchant partners. The launch of Chase Offers will significantly increase the scale of the Cardlytics Direct native channel just in time for the holiday season.

By adding Chase to the Cardlytics platform, the company will be working with financial institutions that collectively represent $2.3T in annual consumer spend, representing two out of every five credit and debit transactions in the U.S.

Through strong relationships with leading marketers across a variety of industries, including retail, restaurant, telecommunications, home services, travel, entertainment, and grocery, Cardlytics will connect brands with millions of Chase consumer debit and credit card customers.

“Launching Chase Offers has been one of the most significant bank implementations in Cardlytics’ history, both in terms of scale and complexity,” said Cardlytics CEO and Co-Founder, Scott Grimes. “With the addition of Chase, we can now offer marketers even more impactful scale, which puts us in line with other major media channels. This comes alongside the added benefit of delivering relevant ads in a secure, trusted, fraud-free channel when consumers are thinking about their money.”

Chase Offers will be delivered across a majority of Chase’s consumer credit and debit card customers through Chase-owned channels.

For more information on Cardlytics, visit cardlytics.com. For more information on Chase Offers, visit chase.com/chaseoffers.

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About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

Industry veteran, Sasha Trifunac, appointed to lead growth efforts

ATLANTA, GA – Nov. 7, 2018 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced the appointment of Alexander “Sasha” Trifunac to propel the company’s commitment to helping U.S. travel, hospitality, and entertainment brands increase customer loyalty and drive profits through targeted marketing campaigns. As vice president of ad partnerships for travel and entertainment, Trifunac will showcase the company’s successful purchase intelligence platform in an effort to grow these important verticals and expand existing relationships.

“Our ability to drive incremental return on ad spend of 4:1 or better in our bank partners’ fraud-free, trusted digital channels provides travel, hospitality, and entertainment brands with a great opportunity,” said Randall Beard, Cardlytics’ group president, advertisers. “Sasha’s background in the industry, coupled with the success we’ve seen with our existing portfolio of clients, will allow us to help other companies realize the potential of reaching likely customers and measuring their impact on actual sales.”

Prior to Cardlytics, Trifunac led global partnership and loyalty development for Intercontinental Hotels Group (IHG), where he successfully launched partnership programs with Amazon, Open Table, Cisco, Shell, and the Wall Street Journal, among others. Prior to IHG, across a number of roles with United Airlines and MileagePlus, Trifunac led commercial engagement for airline joint ventures, loyalty business development, and co-brand credit card relationships.

Cardlytics partners with a broad range of major brands, including 20 of the top 25 U.S. restaurant chains, 23 of the top 50 U.S. retailers, three of the top five U.S. cable providers, and three of the top four U.S. wireless carriers. For more information, visit www.cardlytics.com.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco, and Visakhapatnam. Learn more at www.cardlytics.com.

ATLANTA, GA – Dec. 18, 2017 – Cardlytics, a purchase intelligence platform that makes marketing more relevant and measurable, has won Lloyds Banking Group’s ‘Build an Open Bank Challenge’ Hackathon.

The event tasked some of the biggest names in the finance and technology worlds with showing how bank partners can make the most of regulatory and commercial Open Banking APIs to support the needs of customers.

Cardlytics’ successful idea centered on the guiding principle that customers must see real value to ensure a meaningful data exchange in a world of Open Banking. The team developed a prototype that would use data to build a privacy-safe 360-degree view of customer spend, including spending habits, demographics, real-time location, and key life changes, so they don’t miss out on uniquely relevant and valuable offers.

The winning Cardlytics team comprised specialists from both its UK and US offices, bringing knowledge and understanding of delivering customer rewards in two of the world’s most competitive retail banking landscapes.

“We believe Open Banking presents a major opportunity for Cardlytics. As banks try to build loyalty among new and existing customers, they will need to help customers understand the value in sharing data by developing platforms that provide even more relevant and timely offers,” said Campbell Shaw, Head of Banking Relationships at Cardlytics. “Our history of running major reward programs in a privacy-focused way means we’re well positioned to help them do this.”

Lloyds’ ‘Build an Open Bank Challenge’ came as part of its Inspire Series. It enabled Lloyds Banking Group and partners to explore opportunities in light of the forthcoming Open Banking regulation.

Aneet Morar, Head of Digital Partnerships and Ecosystem Development at Lloyds Banking Group, added: “Next year banks have a golden opportunity. But as we seek to build a better understanding of our customers, transforming the way they engage with us, we need to make sure we put them first. Ultimately the Cardlytics team separated themselves by answering the question which will be posed by all customers: ‘what’s in it for me?’”

- ENDS -

About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Chicago and San Francisco. Learn more at www.cardlytics.com.

Media Contact
Crystal Cooper, Senior Marketing and Communications Manager, Cardlytics, ccooper@cardlytics.com

LONDON – 15 Oct. 2018 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced the expansion of its senior leadership team in the UK with the appointment of Mike Glegg as Vice President of Sales.

In this role, Glegg is responsible for developing merchant partnerships across the UK retail industry, including restaurant operators and service providers. Glegg will manage the UK sales team at Cardlytics’ European headquarters in London and will contribute to the development of new product and service initiatives.

“As traditional retailers are under increasing pressure to look for efficient ways to target and engage new and existing customers, Mike’s appointment comes at an opportune time,” said Peter Gleason, President of Cardlytics’ International Operations. “The main challenge facing retailers today is how to drive incremental sales in an effective and measurable way. Mike’s unparalleled industry knowledge is a tremendous asset as we work to provide increased value to our retail partners through digital banking channels that forge deeper customer relationships.”

Glegg joins Cardlytics from Reward, a card-linked offers platform, where he operated as a Commercial Director focusing on the UK retail sector. He led a team responsible for bringing together a network of retailer partnerships to deliver targeted, personalised offers and shopper insight.

With more than 20 years’ experience leading performance marketing teams and brokering partnerships with household names such as Waitrose, Adidas, Debenhams, Shop Direct Group, and Thomas Cook, Glegg is well positioned to bring strong leadership and strategic thinking to Cardlytics and its retail partners.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions, including Santander in the UK, to run banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York and San Francisco. Learn more at www.cardlytics.com.

Media Contacts

Headland Consultancy

Ingrid Valk
ivalk@headlandconsultancy.com
+44 20 3805 4841

Oscar Haines
ohaines@headlandconsultancy.com
+44 20 3435 7480

ATLANTA, GA – October 3, 2018 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today filed Form 8-K with the SEC, announcing a multi-year contract renewal with Lloyds Bank Plc.

On September 28, 2018, Cardlytics UK Limited, a wholly owned subsidiary of Cardlytics, Inc., renewed its Spending Rewards Agreement with Lloyds Bank Plc. Under the agreement, Cardlytics UK Limited will continue to provide Cardlytics Direct to Lloyds customers through December 31, 2020.

The 8-K, along with all other Cardlytics filings, is available on the Cardlytics Investor Relations site, ir.cardlytics.com.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, and San Francisco. Learn more at www.cardlytics.com.

Media Contact
ICR
cardlyticspr@icrinc.com

ATLANTA, GA – April 20, 2018 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced that its Chief Legal & Privacy Officer, Kirk Somers, has been named the 2018 Atlanta Business Chronicle’s Corporate Counsel of the Year for Small Legal Departments. The annual Corporate Counsel award honors the achievements of the best and the brightest internal counsel in Atlanta. Somers is one of only seven winners announced this year.

“We are proud, but not surprised, that Kirk has been named the Atlanta Business Chronicle’s Corporate Counsel of the year,” said Scott Grimes, Cardlytics CEO & Co-Founder. “As a Purchase Intelligence platform that partners with both banks and marketers, Cardlytics sits between two worlds of rigorous regulations. Kirk flawlessly navigates both worlds, helping Cardlytics keep impenetrable, best-in-class privacy standards. He also played a crucial role in leading Cardlytics to becoming the first tech IPO in 2018. This recognition is very well deserved.”

Somers has more than 25 years of experience, having begun his legal career as an attorney in the U.S. Air Force, during which time he tried over 40 cases. Prior to Cardlytics, Somers was an executive vice president and chief administrative officer at Think Geek, where he was responsible for legal, privacy, and human resources. Previously, Somers led the legal, investor relations, and human resources department for Concurrent Computer Corporation; served as Assistant General Counsel for Melita International; and was a Partner with the law firm of Marshall & Melhorn, LLC. He holds a B.A. in Physics from Cornell University and a J.D. from Ohio State University.

Winners of the 2018 Atlanta Business Chronicle Corporate Counsel of the Year Awards will be celebrated during a luncheon on May 9 at the Atlanta Botanical Garden, and their names will be published in the May 11 issue of the Atlanta Business Chronicle.

About Cardlytics

Cardlytics (NASDAQ: CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with more than 2,000 financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, Chicago and San Francisco. Learn more at www.cardlytics.com.

Media Contact
ICR
cardlyticspr@icrinc.com