BankingFunding

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
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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.

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