Raise, a leading platform facilitating the buying and selling of gift cards, has successfully secured $63 million in a recent funding round. The investment was spearheaded by Haun Ventures, a prominent venture capital firm.
George Bousis, founder and CEO of Raise, has expressed the company’s ambitious plans for this new influx of capital. The primary focus will be the development of a sophisticated, crypto-based platform designed to revolutionize the way gift cards are utilized and managed.
Bousis’s vision includes integrating the features of cryptocurrency with a broader range of gift-card use cases, including cross-border transactions and increased security features. This initiative seeks to provide a unique and improved experience for both consumers and businesses. Further details about the specific functionalities and launch timeline of the crypto-based platform are expected to be revealed in the near future.
