▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Imprint Raises $75 Million Series C to Fuel Innovation and Partnerships as it Reinvents Co-branded Credit Cards

Imprint, the leading provider of modern co-branded credit cards, today announced it has raised $75 million in a Series C financing led by Keith Rabois at Khosla Ventures, with participation from exist...

Business Wire

NEW YORK: Imprint, the leading provider of modern co-branded credit cards, today announced it has raised $75 million in a Series C financing led by Keith Rabois at Khosla Ventures, with participation from existing investors including Thrive Capital, Kleiner Perkins, and Ribbit Capital. This latest financing round elevates Imprint’s valuation to $600 million, reflecting its continued momentum following several recent partnerships with leading brands.

The financing will position Imprint for continued growth and will bolster:

  • Advancements in Imprint’s proprietary cloud-based credit card and risk platforms, which drive more customer spend and engagement for brands and a better experience for cardholders
  • Continued deployment of machine learning and AI across its platforms
  • Successful launches of co-brand programs with multiple new iconic brands in Imprint’s pipeline

“This financing is another vote of confidence for our business and our vision to redefine the co-brand industry,” said Daragh Murphy, co-founder and CEO at Imprint. “We are proud to partner with iconic brands, and this new capital will enable us to continue to drive real business impact for our current and future partners.”

“Imprint's metrics easily place them in the top 0.01% of startups," said Keith Rabois, Managing Director at Khosla Ventures. “We are thrilled to lead this round and support the next stage of growth for a transformational company like Imprint.”

About Imprint

Imprint is a financial technology company that partners with iconic global brands to design, launch, and manage co-branded credit card programs that significantly increase customer engagement, loyalty, and value. Imprint's digital cardholder experience and purposefully designed technology stack deliver bespoke programs and customized rewards for each brand. Imprint tailors the level of program integration to each brand's needs. For more information about Imprint, please visit www.imprint.co.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Dronus gets a strategic investment by Eni Next

Eni's VC company invest in the Italian drone company to develop new solutions for industrial plants monitoring

Technology Reply wins the 2024 Oracle Partner Awards - Europe South Innovation

Oracle recognizes Technology Reply’s ability to develop and deliver pioneering solutions through partnering with Oracle

Most read

Panjaya.ai Unveils BodyTalk: World’s first AI-Powered Dubbing Platform,…

Panjaya.ai, led by former Apple TV and Vimeo executives, has launched BodyTalk, the first AI-driven translation platform designed to address a common…

Glean Named an AI Cool Vendor in the 2024 Gartner Cool Vendors for Digital…

Work AI leader Glean today announced it has been named a Cool Vendor in the 2024 Cool Vendors in Digital Workplace Applications1 report by Gartner, Inc.…

Spoofing Detection Technologies Market Research Report 2024-2034: Growth…

The "Spoofing Detection Technologies Market - A Global and Regional Analysis: Focus on Application, Solution Type, and Region - Analysis and Forecast,…

ISG to Assess Procurement Services Worldwide

$III #CategoryManagementServices--Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!