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Prepaid payments platform Recharge raises €45M to go on M&A spree

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Recharge, a European specialist in online prepaid payments, has secured a £38 million facility with ABN AMRO. It says that the funding will enable the company to “drive consolidation across markets, open new segments and overall strengthen its position in the prepaid payments industry”. The £38 million facility is part of a broader strategy to leverage strategic acquisitions as a growth driver. Combined with Recharge’s cash reserves, and followi…

RetailWit

Digital gift cards firm Recharge announces £38 million facility with ABN AMRO to fuel M&A strategy – RetailWit

Amsterdam-based Recharge, a digital prepaid payment products provider, has secured €45M in financing from ABN AMRO to support its mergers and acquisitions (M&A) strategy. Bas Janssen, Senior Banker for Digital and Consumer Clients at ABN AMRO, says, “ABN AMRO is proud to support Recharge as they continue to grow and innovate in the prepaid payments sector. ABN AMRO aims to become the preferred technology bank in the Netherlands and North-West Eu…

Silicon Canals

Amsterdam’s Recharge secures €45M to charge its M&A strategy

Recharge, the European leader in online prepaid payments, today announced it has secured a £38 million facility with ABN AMRO to fuel its ambitious M&A strategy. This funding will enable the company to drive consolidation across markets, open new segments and overall strengthen its leadership position in the prepaid payments industry. The £38 million facility is part of a broader strategy to leverage strategic acquisitions as a growth driver. Co…

Fintech Finance

Recharge Partners With ABN AMRO for £38 Million to Boost Their M&A

Recharge, an Amsterdam, the Netherlands-based company which specializes in online prepaid payments, received a €45M facility from ABN AMRO. The company intends to use the fund to drive consolidation across markets, open new segments and overall strengthen its leadership position in the prepaid payments industry. Led by CEO Günther Vogelpoel, Recharge provides a unified digital […] The post Recharge Receives €45M Facility from ABN AMRO appeared f…

FinSMEs

Recharge Receives €45M Facility from ABN AMRO

Recharge, a European leader in online prepaid payments, has secured a €45m facility with ABN AMRO.

fintech.global

Recharge accelerates M&A strategy with €45m ABN AMRO facility

Netherlands-based prepaid payments provider Recharge has announced that it received a GBP 38 million facility from ABN AMRO to support its M&A strategy.

Prepaid payments platform Recharge raises €45M to go on M&A spree

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