Highnote is a provider of branded payment cards which can be used by customers or employees for a range of purposes, such as in-store shopping, loyalty scheme or corporate expenses. Traditionally the process of making and issuing these cards was onerous and expensive, effectively limited to only the largest brands. Highnote allows companies of any size to issue these kinds of cards quickly, and with a far wider range of financial products built in to suit the issuer's needs, such as buy-now-pay-later options or expense reporting which can be tracked centrally.
Founded by former BrainTree and PayPal executives, Highnote has attracted a significant level of funding. It is moving quickly to overtake other companies in this space, especially incumbent Marqeta. Having built a modern platform that takes advantage of the latest innovations in the fintech sector, Highnote is working to grow its market presence and futher develop its platform. Going forward it will continue to form strategic partnerships with firms such as Visa to allow it to issue a wider range of cards and support additional financial services for its customers.
Kirsty
Company Specialist at Welcome to the Jungle