Runa
Disrupting the entire B2C payments network
- 101-200 employees
- Fintech
- B2B
- Old Street, London, UK
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Company mission
To help companies pay the people they serve in any form of digital value.
Our take
The non-cash rewards industry is worth $300 billion, yet hasn't seen much innovation. Incumbents focus on physical gift cards, and a lot of the work is done on spreadsheets and outdated systems.
Runa (rebranded from WeGift) has built a platform that offers API access for businesses to automate sending digital rewards.
There are clear similarities to Stripe here: they revolutionised payments to businesses and are now worth $20 billion. Runa is providing quick integrations for developers and simple design, just like Stripe, but do it such that businesses can 'pay' their customers.
Runa had a strong year in 2023, diversifying its customer base and bringing to the market more than 1500 payout types. It is available in over 40 countries and 25 currencies, indicating a massive leap forward for the platform.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Generous maternity and paternity packages to make sure you get to spend time with your new bundle of joy
- Staff perks with Runa brands - discounts of up to 12% on coffee, weekly groceries, holidays, the list is endless
- A minimum of 25 days holiday + public holidays. We also offer 5 wellbeing days over the year.
Funding (last 2 of 6 rounds)
Nov 2022
$33m
SERIES B
Mar 2021
$12m
EARLY VC
Total funding: $59.8m
This company has top investors
Leadership
Aron Alexander
(CEO)Previously founded a property investment company. Also worked for Zapper (payments and loyalty company)