- Specialization
- Not classified
- Business
Financial Servicesand 1 more business valuesLess
- Software Applications
- Market
Financial Servicesand 1 more market valuesLess
- Retail
- Ecosystem
- Not applicable
- Customers
- Consumers
More details
- Organization type
- Commercial Company
- Ecosystem
- Not applicable
- Business
- Financial Services, Software Applications
- Specialization
- Not classified
- Market
- Financial Services, Retail
- Customers
- Consumers
- Delivery models
- Hosted Software
- Revenue models
- Not classified
- Listing status
- Not classified
- Latest equity round
- Series A
- Reported funding amount
- Not classified
About
GoSats builds a consumer fintech platform and Visa-linked shopping card that lets users in India earn Bitcoin and Gold rewards from everyday spending and gift-card purchases. Its differentiation is replacing conventional cashback with digital-asset rewards, while also offering access to rewards through purchases at leading brands.
Market
GoSats competes in India’s consumer-fintech, digital-asset rewards, and embedded-loyalty market, converting everyday card and shopping spend into Bitcoin or digital gold instead of conventional points or cash. It differentiates through India-first positioning, a Visa-powered rewards card, shopping and gift-card integrations, and a dual Bitcoin-and-gold reward proposition, while global competitors such as Gemini, Coinbase, and Crypto.com primarily emphasize crypto rewards.
GoSats targets India-based individual consumers and everyday shoppers—especially card users who want to convert routine online and offline spending into Bitcoin or digital-gold savings. Its mass-market, consumer-fintech positioning is aimed at people seeking a simple digital-asset on-ramp rather than enterprise buyers or active traders.
At a Glance
Problem
Most conventional card and loyalty spending returns points or discounts rather than assets that can compound over time. GoSats positions everyday spending as an opportunity to accumulate Bitcoin or Gold: users can turn purchases they already make into savings. The economics are strongest for habitual spend, with the company advertising up to 3% cashback on card payments and much higher rewards on selected brand gift cards, while emphasizing lifetime-valid rewards and withdrawals without charges. The killer use case is therefore passive asset accumulation through routine Indian shopping and payments, without requiring a separate investment transaction.
Product / Service
GoSats delivers this through a mobile app and a Visa prepaid card. After completing KYC, users can pay online or offline and receive Bitcoin or Gold cashback in their GoSats balance; they can also access offers across hundreds of brands, spin a daily rewards wheel, and redeem, withdraw, or hold their rewards. Its SatsPay feature extends the model to QR payments, allowing users to spend their GoSats balance or rewards at merchants accepting UPI.
The benefit is a single consumer-finance layer combining payments, cashback, and asset accumulation. Instead of earning conventional points, customers receive Bitcoin or Gold, can track the value of their savings in the app, and can use GoSats for both direct card purchases and discounted brand vouchers.
Market
GoSats competes at the intersection of Indian fintech, prepaid payments, loyalty, cashback, and consumer crypto or digital-gold investing. Tracxn identifies Bengaluru-based BigBuc and India-based HatkePrice as its closest named competitors, while international category analogues include Lolli, which offers Bitcoin and cash-back rewards, and Fold, which offers Bitcoin rewards on card purchases. GoSats differentiates itself locally by combining asset-linked rewards with an India-focused prepaid card, brand vouchers, and UPI payments.
The company is operating and funded rather than pre-launch. GoSats raised a reported $5 million Series A in April 2026 led by Konvoy, with capital earmarked for user acquisition, product expansion, and AI-driven personalization. Its app and website claim more than 1 million Indian users, although April 2026 coverage described a base of roughly 150,000 and a target of 1 million, so the headline user figure should be treated as a company-reported traction claim. Tracxn also reports annual revenue below ₹10 crore as of March 31, 2025.
Founders & Leadership
Funding History
Alphabit Fund, Fulgur Ventures, Stacks Accelerator, SBX Capital
Y Combinator
Gossamer Capital, Y Combinator, Accel
Konvoy, Y Combinator, Taisu Ventures
Recent News
GoSats disclosed a co-branding agreement under which LivQuik will issue co-branded wallets offered through GoSats services.
GoSats announced that Elite users could pay credit-card bills for up to 20% less by redeeming Sats or Flipkart SuperCoins through the service.
GoSats raised $5 million in a Series A round led by Konvoy Ventures, with participation from Y Combinator and Taisu Ventures. The capital is intended to accelerate user acquisition, expand the product suite, and support AI-driven personalization.
GoSats integrated with Flipkart SuperCoins, enabling users to convert loyalty points into Bitcoin rewards and Digital Gold through a loyalty-to-wealth offering.
Active Roles
9Business Model
GoSats publicly discloses a one-time card fee, including an introductory card price of ₹499 plus GST. It also operates a rewards-led shopping and gift-card platform, but the available sources do not specify whether additional revenue comes from interchange, merchant commissions, or other transaction economics.