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6 March 2018, LONDON – New data released today from Cardlytics (NASDAQ: CDLX), based on the spending insights of nearly 8 million bank customers, reveals that online spending with traditional high street retailers has grown 3% in the past year, outpacing the 1% growth in total spend across in-store and online.

Findings from Cardlytics’ Spend Index show that spending on online channels of established high street bookshops and pet stores rocketed in 2017, increasing by 24% and 30% respectively, compared to the previous year.

For bookshops, the online growth of 24% helped to cushion the decline of in-store performance, which saw a 1% decrease in total spend across all channels, when compared to 2016 figures. This pattern has continued into January this year when online book sales for established brands experienced growth of 66% against a 3% decline for in-store sales, compared to January 2017.

Among high street fashion retailers, combined in-store and online sales declined by 4% year-on-year in 2017. Although online sales outperformed in-store spend (3% growth vs 3% decline), the online growth rate slowed in 2017. In 2016, online had grown 7% year over year. However, in-store remains king for these brands, making up the majority (75%) of overall spend.

Sales at pure-play online fashion retailers grew 12% in 2017 compared to the previous year, a rate of growth which is four times that of traditional high street fashion retailers. The Cardlytics Spend Index also revealed that:

• Pure-play online fashion retailers made up the second strongest performing online-only category in 2017 after pet stores.
• Pure-play online department stores grew their sales by 3% compared to the year before and 17% since 2015.
• Sales at pure-play online electronics retailers grew by 5% year-on-year in 2017.

“The struggles of traditional high street retailers have been well-documented over the past year; however, our Spend Index shows that some well-established brands in specialist sectors are proving there’s an opportunity in the slowdown, successfully hedging the threat of Amazon,” said Peter Gleason, President of International Operations at Cardlytics. “The changes in the UK retail landscape, coupled with the continuous rise of online-only players, means that retailers will need to take a holistic look at their product offering, sales channels, store estate and marketing strategies to continue building loyalty among customers.”

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Notes to editors
The figures are based on the spending data of more than 7.8 million active accounts of UK bank consumers. Spend was tracked on a weekly basis.

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 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 Contacts

Headland Consultancy
Tom James
tjames@headlandconsultancy.com
+44 207 367 5240

Ingrid Valk
ivalk@headlandconsultancy.com
+44 203 435 7461

Figures from the quarterly Cardlytics Spending Index shed light on the status of eating out as a necessary luxury

London – 12 July 2017 – New data released today, based on the card and direct debit data of more than three million bank customers, reveals a slowdown in consumer spending. Overall spending in Q2 2017 was up by 3% year-on-year, down from the 9% growth seen this time last year.

Restaurants and quick-serve restaurants (QSR) continue to be the main drivers of spending with eating out now representing nearly a tenth (9%) of consumers’ share of wallet. This is a leap of two percentage points since the beginning of 2015, when Cardlytics started tracking spending. The findings are in line with recent data, which revealed that the contribution of the hospitality industry to the British economy has outpaced growth in every other sectors since the 2008 downturn.

There is a wider trend of consumers wanting to treat themselves during the leaner times. In addition to increases in restaurant spending, airline and hotel spend is up year-on-year (12% and 9% respectively). The leisure industry experienced a 6% increase in spending in Q2 compared to Q2 2016 and a 9.5% spike since the last quarter.

Additionally, the grocery sector has gained some momentum, with spending up 3% in Q2 compared to this time last year, and 6% up on the last quarter as the combination of hot weather and food inflation lift supermarket sales.

The findings come as part of the Cardlytics Spending Index compiled by Cardlytics, the purchase intelligence platform.

Pete Gleason, ‎President of International Operations at Cardlytics, said: “This data shows just how much the UK loves eating out. Even amid a squeeze on household finances, spending in restaurants and cafes continues to go from strength to strength.

“The increased demand is good for hospitality but with the sector set for further growth in the form of increased competition, brands will have to work even harder to stand out and attract new customers.

“But elsewhere, with consumers cutting back on spending it’s clear that brands will have to adjust to a new normal of low spending growth and focus on offering value.”

- ENDS -

Notes to editors

The figures are based on the spending data of more than 3 million active accounts of UK bank consumers. Spend was tracked on a weekly basis.

The QSR sector comprises quick-service, or fast-food, restaurants, while the restaurant category includes non-fast-food dining establishments, ranging from casual dining to high-end.

About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with major financial institutions, including Santander, 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 Contacts
Headland Consultancy
Tom James
tjames@headlandconsultancy.com
+44 207 367 5240

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

Randall Beard Joins as Group President, Advertisers &
Shannon Johnson Appointed Group President, Financial Institutions

ATLANTA, GA – Mar. 1, 2018 – Cardlytics (NASDAQ: CDLX), a purchase intelligence platform that makes marketing more relevant and measurable, today announced the appointment of two new executive hires to its leadership team: Randall Beard as Group President, Advertisers, and Shannon Johnson as Group President, Financial Institutions.

In his new role, Beard will focus on launching new products for marketers and expanding Cardlytics’ advertiser relationships. In her new role, Johnson will oversee Cardlytics’ growing network of financial institutions, helping Cardlytics’ financial institution partners expand their loyalty programs for increased customer engagement.

“At Cardlytics, we only hire forward-thinking people who want to push the boundaries of the status quo, and that’s why we’re thrilled to add Randall and Shannon to our team,” said COO and Co-Founder Lynne Laube. “Randall’s strong background in helping major advertising brands move the bottom line and Shannon’s extensive experience in driving bank customer engagement will make them both instrumental players as we continue to help marketers execute more effective campaigns and financial intuitions increase customer loyalty.”

Beard joins Cardlytics after serving as Global President for Ad Solutions, Expanded Verticals and Innovation at the Nielsen Company from 2009 to 2017, where he was one of two representatives of Turner's Ad Lab Advisory Board. Before working at Nielsen, Beard served as SVP and Global Head of Marketing and Product at American Express and as Global Head of Marketing at UBS. He began his career with Procter & Gamble.

Johnson joins Cardlytics from SunTrust, where she was SVP and Head of Consumer Direct Lending. Prior to this role, she served as SVP and Head of Consumer Deposits and Payments, where she sponsored and launched Cardlytics’ SunTrust Deals program. Previously, Johnson held numerous senior positions at PNC, where she co-developed one of Cardlytics’ first large bank contracts and implementations, PNC Purchase Payback. She began her career at McKinsey & Company, where she served clients in the Retail and Financial Services industries.

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

Forward-Looking Statements

This press release contains forward-looking statements. All statements contained in this press release other than statements of historical facts are forward-looking statements. Forward-looking statements contained in this news release include statements relating to Cardlytics’ launching new products, expanding advertiser relationships, and growing financial institutions’ loyalty programs. All forward-looking statements reflect management's present expectations regarding future events and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed in or implied by any forward-looking statements. These risks, uncertainties and other factors include, among others, Cardlytics’ ability to continue to add new financial institutions, or FIs, partners and marketers and maintain existing FI partners and marketers, with respect to Cardlytics Direct, its ability to increase FI partner customer engagement from new and existing FI partners, competition in the markets in which Cardlytics operates, market growth, and its ability to innovate, as well as other risks and uncertainties set forth in the “Risk Factors” section of Cardlytics’ prospectus filed pursuant to Rule 424(b)(4) under the Securities Act of 1933, as amended, on February 9, 2018, and subsequent reports Cardlytics files with the Securities and Exchange Commission. Given these risks, uncertainties and other important factors, undue reliance should not be placed on these forward-looking statements. These forward-looking statements represent Cardlytics’ estimates and assumptions only as of the date made, and except as required by law, Cardlytics undertakes no obligation to revise or update any forward-looking statements for any reason.

ATLANTA, GA – Jan. 11, 2018 – Cardlytics, a purchase intelligence platform that helps make marketing more relevant and measurable, today announced that Sathish Gaddipati has been named Chief Technology Officer. Formerly Senior Vice President and Head of Technology at Cardlytics, Gaddipati will continue to lead platform engineering, technical product management, software development, data engineering, quality assurance, and IT operations for the company.

Gaddipati has played a key role in the advancement of the platform, which aggregated and analyzed approximately $1.3 trillion in U.S. purchase spend in 2016 – representing one in five debit and credit card swipes nationwide.

“After joining Cardlytics a year ago, I quickly realized this was the perfect fit for me. It’s incredibly gratifying that our combined efforts have allowed us to continue providing sophisticated technology to leading financial institutions, and I look forward to working on exciting future developments,” said Gaddipati.

“Sathish made an immediate impact upon joining our team,” said Scott Grimes, CEO and co-founder of Cardlytics. “His leadership has helped us advance our offerings. We’re thrilled to welcome him as CTO.”

Prior to working at Cardlytics, Gaddipati oversaw a number of global teams that built data and analytics platforms at The Weather Channel, The Walt Disney Company, NCR Corporation, InterContinental Hotels Group (IHG), Sun Microsystems, and Omnitracs. Notably, the U.S. Patent and Trademark Office recently granted Gaddipati a patent for his low latency, high payload, high volume API gateway. Gaddipati holds an MS in Industrial Management from Indian Institute of Technology (IIT).

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
ICR
cardlyticspr@icrinc.com

Cardlytics, a purchase intelligence platform that makes marketing more relevant and measureable, has expanded its senior team with the appointment of Jed Murphy as the new UK Head of Strategy and Innovation. Murphy’s newly created role will focus on using emerging platforms and digital technology to develop new products and services, based in Cardlytics’ European headquarters in London.

His appointment comes as both banks and brands look at opportunities brought by the forthcoming “Open Banking” directive under PSD2, particularly around customer experience. The main challenge banks are facing is how to turn the seismic regulatory shift in their favour and find innovation partners to play a more central role in their customers’ daily lives.

Previously, Murphy was the Global Digital Strategy Director at Aimia, the leading data-driven marketing and loyalty analytics company. He primarily focused on shaping Aimia’s digital strategy, including how new technology can be used for the benefit of shoppers. Murphy helped develop and shape several of Aimia's own programmes, including the Nectar loyalty scheme in the UK.

His other projects included developing Sainsbury's SmartOffers micro-location offering to shoppers and establishing Aimia’s approach to digital payments, artificial intelligence and machine learning. Prior to joining Aimia, Murphy was a Director of Interactive Marketing at Carlson Marketing, where he worked for major brands such as BT, Coca-Cola, Diageo, British Airways, Hyundai Motors and Arla Foods.

“Jed brings a brilliant blend of skills to Cardlytics. His expertise in working with cutting-edge technologies and experience in developing one of the country’s most popular loyalty schemes will be crucial in shaping and expanding Cardlytics’ offerings,” said Peter Gleason, President of International Operations at Cardlytics. “Jed has a wealth of digital knowledge, and we’re thrilled to have him on board as we approach the new Open Banking regulation.”

Jed Murphy added: “How banks adapt to providing personalised services and finding new ways to engage customers will either make or break their relationships with account holders over the coming years. Having spent the majority of my career in customer-focused innovation, working with large consumer-facing brands, I’m excited to join Cardlytics in helping the financial services industry adapt a new kind of mindset in the midst of current tech disruption.”

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About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with major financial institutions, including Santander, 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 Contacts
Headland Consultancy
Tom James
tjames@headlandconsultancy.com
+44 207 367 5240

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

Cardlytics ranked No. 245^th Fastest Growing Company in North America; 9^th in Georgia

ATLANTA, GA – Nov. 15, 2017– Cardlytics, a purchase intelligence platform that makes marketing more relevant and measurable, today announced it ranked 245^th in North America – 9^th in Georgia – on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.

“We are proud to be named to the Deloitte Tech Fast 500 listing for the third consecutive year,” said Scott Grimes, CEO of Cardlytics. “Since our inception, we have stayed focused on offering marketers and financial institutions actionable, data-driven solutions to the unique industry challenges they face. It is that focus, combined with our team’s dedication to innovation, that helps drive our success.”

Being listed to the Deloitte Tech Fast 500™ follows another prestigious ranking this year. For the third consecutive year, Cardlytics was listed to the annual Inc. 5000, a list of the nation’s fastest-growing companies. Cardlytics ranked no. 1 among Georgia-based advertising and marketing companies with revenue greater than $100 million. Cardlytics was also ranked the fourth fastest growing company among all advertising and marketing companies in the United States with revenue greater than $100 million.

About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with more than 1,500 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 Communications and Marketing Manager, Cardlytics, ccooper@cardlytics.com

About Deloitte’s 2017 Technology Fast 500™

Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

Consumer Spend Shifting to Dining and Travel

LONDON – 5 October 2017 – The new Cardlytics Spending Index, based on the purchase insights of nearly four million bank customers, shows that spending growth slowed in Q3 2017, growing at just 3% year-on-year compared to the 6% year-on-year increase seen in Q2 2017. Despite the overall slowdown, spending in ‘experience’ sectors such as dining and travel remained strong.

According to the data, while grocery spend has fallen nearly 1% since 2015, spend on quick-service restaurants grew 5% from Q2 to Q3 this year, and saw a 21% year-on-year increase. Spending on eating out has taken a firmer foothold in people’s wallets than ever before, with the share of spend for restaurants overall increasing the most (0.9%) since Q3 2015.

Spending in the travel sector including airlines, hotels and travel remains strong, up 7% in Q4 2017 compared to Q3 2016.

The findings come as part of the Cardlytics Spending Index compiled by Cardlytics, a purchase intelligence platform.

Pete Gleason, ‎President of International Operations at Cardlytics, said: “While actual consumer spend grew from Q2 to Q3, the rate of growth slowed. However, we still see that consumers are willing to spend in categories that can create shareable, memorable experiences. This is an important trend for brands to note, especially as they gear up for their holiday marketing.”

“Britain is clearly becoming a nation of food lovers. When it comes to restaurants and cafes, grocers should be thinking about how to offer products that can compete with people’s love for eating out and trend towards artisanal products.

“In addition, while people still like to receive traditional product gifts, Cardlytics’ purchase data suggests that travel gifts, which can be shared with those you love, may be more prevalent this year.”

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Notes to editors

The figures are based on the spending data of more than 3.8 million active accounts of UK bank consumers. Spend was tracked on a weekly basis.

The QSR sector comprises quick-service, or fast-food, restaurants, while the restaurant category includes non-fast-food dining establishments, ranging from casual dining to high-end.

About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with major financial institutions, including Santander, 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 Contacts
Headland Consultancy
Tom James
tjames@headlandconsultancy.com
+44 207 367 5240

Ingrid Valk
ivalk@headlandconsultancy.com
+44 203 435 7461

Figures from the quarterly Cardlytics Spending Index show a continued long-term demand for eating out and an unprecedented spike in spending on airlines

London – 20 April 2017 – New data released today, based on the spending behaviour of more than three million bank customers, reveals that consumer spending levels in the UK remained steady in the first quarter despite fears of a slowdown.

This was driven by a boom in eating out, with quick service restaurant (QSR) spending exploding by 18% year-on-year and general restaurant spending up 8% year-on-year. This comes as part of the relentless rise of eating out, particularly in the last two years, since Cardlytics started tracking spending.

There were also signs of a Great British getaway. Airline spending saw an unprecedented spike as Brits rushed to book holidays, perhaps wary of leaner times to come. There were suggestions of an increase in domestic breaks too, with hotel and petrol spending also seeing dramatic increases alongside UK restaurant spending.

The grocery and fashion sectors were among the fallers.

The findings come as part of the Cardlytics Spending Index compiled by Cardlytics, the purchase intelligence platform. The Index reveals:

• Overall spending weakens but remains intact. Seasonal dip aside (down 10% on Q4), overall consumer spending is up by 2.7% compared to this time last year and 7% compared to the same time in 2015.
• Growth is driven by the strength of the food-on-the-go and dining out market. Both quick service restaurants (QSR) and restaurants (non-fast food) are up by 17.6% and 8.6% respectively, compared to same time last year. Both categories have continued to increase their foothold in the market – share of spend for QSR is up by 0.2% and for restaurants by 0.4% compared to this time last year.
• As people rush to book summer holidays, spending on airlines has increased the most. Spending on airlines has seen an unprecedented spike of 58.4% since the previous quarter. This is the highest since 2015 and an increase of 8.3% on this time last year.
• There are signs that domestic trips are increasing. Hotel spending is up by 10% compared to this time last year while spending on petrol has seen a strong uplift of 14.1% despite a widespread push to lower fuel prices. Petrol’s share of spend has seen the biggest increase across all areas – 0.8% compared to this time last year.
• Spending on grocery wobbles under pressure. There has been a slight drop in spend compared to the first quarter of 2016, which historically picks up again later in the year. Simultaneously, there has been a 0.9% drop in share of spend, suggesting grocery sales continue to be under pressure from the booming restaurant sector.
• Retail spend is continuing to slow with fashion consistently dropping. With consumers increasingly moving towards experiences, the spend in fashion is down 1.2% compared to this time last year and back at being as low as in early 2015. Both categories have lost a combined 0.4% share of spend since this time last year.

Pete Gleason, ‎President of International Operations Cardlytics, said: “Lower prices have been generous to fuel consumer spending across the board, but there is evidence that purse strings are being tightened and people are becoming more selective.

“While the surge in airline spending is significant, the growing trend to spend money locally, at restaurants and hotels among other areas, presents an opportunity for brands to get creative and build relationships with existing customers and attract new ones.”

Sector breakdown:

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Notes to editors

The figures are based on the spending data of more than 3 million active accounts of UK bank consumers. Spend was tracked on a weekly basis.

The QSR sector comprises quick-service, or fast-food, restaurants, while the restaurant category includes non-fast-food dining establishments, ranging from casual dining to high-end.

About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with major financial institutions – including Bank of America and Santander – 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 Contacts
Headland Consultancy
Tom James
tjames@headlandconsultancy.com
+44 207 367 5240

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

LONDON – Nov. 15, 2016 – Cardlytics, a purchase intelligence platform, today announced that Peter Gleason has joined the company as President of International Operations. Gleason will lead sales and operations of international markets, based in Cardlytics’ European headquarters in London.

“Peter has a record of successfully growing international teams, which aligns well with our corporate goals,” said Scott Grimes, CEO of Cardlytics. “Peter will be a key part of our company’s future growth, and we’re excited to have him as part of our team.”

A nearly 25-year veteran of the analytics-driven marketing industry, Gleason was most recently the Managing Director and President of Intelligence Shopper Solutions for Aimia, a data-driven marketing and loyalty analytics company. Gleason has also led and grown sales teams at dunnhumby, Catalina Marketing UK, Kimberly-Clark, Mars Confectionery, and Gillette.

About Cardlytics

Cardlytics uses purchase-based intelligence to make marketing more relevant and measurable. We partner with more than 1,500 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.