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Reshop Secures $17M Funding to Revolutionize Refunds Under New CEO Anthony Eisen
Reshop, a platform revamping the refund process for consumers and merchants, has appointed Anthony Eisen as its new CEO. This announcement coincides with the company’s successful $17 million funding round led by Matrix Partners, with support from other investors. Reshop enhances post-purchase experiences, offering instant refunds that boost customer satisfaction and retailer sales, already partnering with brands like Alo Yoga and Steve Madden. Eisen, co-founder of Afterpay, aims to disrupt the refunds space, emphasizing a win-win solution for retailers and consumers. The funding will accelerate Reshop’s marketing and growth, reflecting promising trends in customer engagement.
MuchBetter Unveils Prepaid Corporate Mastercard: Revolutionizing Business Expense Management
MuchBetter has launched the MuchBetter Prepaid Corporate Mastercard, aimed at improving corporate expense management for scaleups, FinTechs, and global enterprises. This initiative enhances their B2B services and marks a shift towards comprehensive financial solutions. Key features include instant virtual cards, customizable controls, real-time tracking via a mobile app, and seamless integration with accounting systems. The card integrates with MuchBetter Business’s Accounts banking platform, offering multi-currency accounts with lower fees. A partnership with Living Sky, a white-label platform, will leverage the Corporate Card for premium banking services. MuchBetter aims to provide a consumer-grade experience in business banking.
Highnote Secures $90M in Series B Funding to Transform U.S. Merchant Acquiring Landscape
Highnote, a leader in financial technology, has successfully closed a $90 million Series B funding round, led by Adams Street Partners with contributions from several notable investors. The company launched a new merchant acquiring solution, enhancing its platform that integrates card issuing and acquiring functionalities for efficient pay-in and pay-out solutions. Highnote’s solution allows online card payment acceptance through plug-in checkout systems and tailored solutions. The funding will support the expansion of Highnote’s embedded finance services, aiming for growth and market reach in the U.S. CEO John MacIlwaine emphasized the importance of this integration for enhancing their offerings.
Ravio Secures $12M to Revolutionize Global Salary Benchmarking with Real-Time HR Data Insights
Ravio, a compensation data platform, has secured $12 million in Series A funding to enhance its operations and innovate workforce compensation strategies. Led by Spark Capital, with contributions from Blackbird and Cherry Ventures, this investment will aid Ravio in modernizing compensation frameworks through real-time data integration. Founded in 2022, Ravio connects with HR systems to provide updated compensation benchmarks across 46 countries, helping businesses simplify pay structures and address salary inequalities. The company plans to expand its dataset, enhance product development, and utilize a unique model for aggregating anonymized HR data to improve market insights, as highlighted by CEO Merten Wulfert.
Hypori Raises $12M in Series B Funding to Expand Zero-Trust BYOD Solutions in Mobile Security
Hypori, a leader in secure mobile access solutions, has raised $12 million in a Series B extension round, totaling $35 million for the financing. This funding, supported by investors like UBS AG and Carahsoft Technology Group, aims to promote zero-trust bring-your-own-device (BYOD) strategies. Hypori’s platform enables secure access to enterprise applications while ensuring personal privacy, particularly benefiting industries with strict security needs such as defense, healthcare, financial services, and government. The funding will be used to expand market reach, strengthen partnerships, and enhance product innovation, positioning Hypori to address growing mobile security and data protection needs.
TRON DAO Partners with MoonPay to Unlock Decentralized Finance Access
TRON DAO has partnered with MoonPay, a prominent digital asset payments platform, to enhance the accessibility of TRX in the U.S. This collaboration allows users to purchase TRX directly through MoonPay, marking a significant step in improving access to decentralized finance (DeFi). TRON, known for its robust ecosystem and high transaction volume, supports a range of DeFi services and stablecoins. With TRX’s market cap exceeding $23 billion, this partnership aims to position TRON as a global settlement network, fostering greater engagement in its ecosystem. Leaders from both organizations expressed enthusiasm about the collaboration’s potential.