Yonder Secures £23.4M in Funding to Accelerate Growth

  • Fundraising News
  • 19.09.2024 01:18 pm

Yonder, the UK-based rewards credit card company, has successfully raised £23.4 million in its latest funding round to fuel its team growth, enhance rewards, and fast-track international expansion. The funding comes from new and existing investors, including Jigsaw VC, RTP Global, LocalGlobe, Northzone, and Seedcamp.

Over the past year, Yonder has introduced significant innovations, including a free membership tier and partnerships with hundreds of independent businesses across the UK. The launch of Yonder Flights, a feature allowing users to redeem points for flights on any airline globally, has further strengthened its product offering. This provides a seamless alternative for those frustrated by the limitations of traditional rewards cards.

Yonder has earned a 4.5-star rating on TrustPilot and is ranked as the top credit card provider by Smart Money People, reflecting its strong customer approval.

With ambitious plans ahead, Yonder aims to further enhance its rewards program by partnering with iconic global brands and introducing more user-friendly features to promote responsible credit use. The company is also gearing up for international expansion, with plans to enter markets outside the UK by the end of next year.

This funding marks a significant step in Yonder’s journey to build a world-class credit card business and deliver innovative solutions for its customers.

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