Recharge.com: Announces new chairman and funding round

  • European branded payments company Recharge.com announced that it raised €10m in a debt funding round
  • Recharge.com appointed one of Europe’s leading fintech entrepreneurs as its new non-executive chairman
  • Mr Kent founded and scaled global cross-border payments companies Small World and Azimo along with UK neobank Tandem
  • Branded payments exploded during the global lockdown as consumers seek digital alternatives to the high street
  • The Recharge Group’s proprietary technology and knowledge of key markets leave it perfectly positioned to capitalise on this trend
  • The developments come as Recharge.com prepares to expand further in North America and enter new regions including Latin America
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Scammers Impersonate NAB Trade’s Tom Piotrowski to Endorse Fraudulent Investments

NAB Trade warns investors about the ongoing impersonation scams targeting clients.Highlights: Scammers are impersonating Tom Piotrowski from NAB...

Bermuda Strengthens Onchain Economy with New Regulatory Framework

Government seeks to attract blockchain innovation and investment.Highlights: Bermuda introduces new regulations to boost its onchain economy.The framework...

Australia Tightens Cash Acceptance Rules for Retailers

New regulations will impact how retailers handle cash transactions.Highlights: Australia introduces stricter cash acceptance rules for retailers.The new...

Trump Calls on Congress to Cap Credit Card Rates

The former president urges lawmakers to limit high interest rates amid economic concerns.Highlights: Trump advocates for capping credit...