@RaiseApp, a company focused on digital gift cards and loyalty programs and backed by PayPal, has successfully raised $63 million in a funding round led by Haun Ventures. The investment aims to enhance the company's blockchain integration, which is intended to reduce fraud and enable programmable gift cards. Additional investors in this funding round include Paper Ventures, Selini Capital, GSR, and Raj Gokal, the co-founder of the blockchain platform Solana. The funds will also support the Retail Alliance Foundation, promoting collaboration among global retailers.
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❗️@RaiseApp secured $63 million in funding to build a crypto platform for gift cards Haun Ventures led the funding round. Other investors include Paper Ventures, Selini Capital, GSR as well as Raj Gokal, the co-founder of the blockchain Solana. https://t.co/IZIO9m6KT0