Almedia

AlmediaAlmedia
Almedia

Almedia

A Germany-based company that owns the rewards app Freecash, which has faced allegations of deceptive marketing and data harvesting.

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DR 42Speed 742020Active204Germany
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About

Almedia is a Germany-based company that operates the rewards app Freecash. Freecash has been accused of deceptive marketing practices, including misleading users into believing they can earn money by scrolling TikTok, when in reality the app primarily pays users to play mobile games. Cybersecurity firm Malwarebytes has reported that Freecash may collect sensitive user data, including race, religion, sex life, sexual orientation, health, and biometrics, positioning the company as a data broker connecting game developers with users. The company has denied these allegations, stating its apps are compliant with app store policies. Freecash has been removed from the Apple App Store and is under review by Google Play due to violations of policies against misleading marketing and deceptive practices.
Frequently asked

What does Almedia do?

Almedia is a Germany-based company that operates the rewards app Freecash. Freecash has been accused of deceptive marketing practices, including misleading users into believing they can earn money by scrolling TikTok, when in reality the app primarily pays users to play mobile games. Cybersecurity firm Malwarebytes has reported that Freecash may collect sensitive user data, including race, religion, sex life, sexual orientation, health, and biometrics, positioning the company as a data broker co…

What is Almedia's revenue?

StartupHub estimates Almedia's annual revenue at $52.0M (range $28.6M to $71.6M, 63% confidence), based on comparable companies in the sector.

Where is Almedia headquartered?

Almedia is headquartered in Germany.

When was Almedia founded?

Almedia was founded in 2020.

What industry does Almedia operate in?

Almedia operates in Mobile Games, Data Brokerage, AdTech, User Acquisition, Rewards Platform, Mobile Marketing.

How many employees does Almedia have?

Almedia has approximately 204 people on record.

HEADCOUNT
204
DOMAIN RATING
42
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