Industry Deals News
Virtual Incentives names Alex Rogow to lead employee reward partnerships
The new team focuses on reward services for employee engagement platforms and agencies.
Industry Deals
Acquisitions, investment and corporate deals across the gift card industry.
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Runa appoints Louis Badcock chief product officer for payout platform
Former Cazoo product leader Louis Badcock joins Runa, bringing software engineering, user-experience and product-management experience to its digital payout business.
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InComm Opens Brazil Payments Technology Hub With Plans for 200 Jobs
InComm’s Fortaleza development hub will support payment technology projects in Brazil and internationally, alongside its existing gift card operations.
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WeGift becomes Runa as digital payout network expands beyond gift cards
Runa's March 2023 introduction sets out broader payout choices, currencies and redemption tools built on the WeGift business.
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Runa's 2022 review links reward catalogue growth with £26 million Series B
A January 2023 review by the company now known as Runa highlights its November 2022 funding round, reward research and work with recognition programme customers.
Industry Deals News
WeGift Raises £26 Million to Expand Its Digital Payout Platform
Element Ventures led the November 2022 round, with funding earmarked for North American expansion, recruitment and additions to the payout network.
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InComm acquires Australian multi-brand gift card provider The Card Network
The purchase adds themed gift cards and corporate reward products to InComm’s Australian business.
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Rellevate and Payroll4Free bring earned wage access and debit accounts to small employers
The August 2022 partnership gave Payroll4Free clients access to Rellevate's digital account, Visa debit card and Pay Any-Day earned wage service.
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Runa reports 120-plus reward brands added and customer growth in first-half 2022
The company, then known as WeGift, reported more new customers in the first half of 2022 than in all of 2021 and a workforce exceeding 100 full-time staff.
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InComm marks 30 years with more than $50 billion in annual transaction volume
InComm's June 2022 anniversary update traces its growth from prepaid calling cards to a global gift card and payments business serving over 1,000 brands.
Industry Deals News
Rellevate raises $4 million to expand employer digital banking and payment services
Naples Technology Ventures led Rellevate's May 2022 seed round, with funds earmarked for expansion of its employer-focused banking and payments platform.
Industry Deals News
Rellevate appoints operations executive to develop employer payment reporting
Justin Simmons joined Rellevate as vice president of operations in April 2022, bringing reporting and analytics experience from VMLY&R.