Imprint Raises $75 Million in Funding, Expanding Reach of Irish-Founded Fintech Firm

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A Celtic Tech Powerhouse Secures Monumental Investment

Imprint, an innovator in the realm of branded payments, has recently announced a successful Series B infusion of £61 million to broaden its clientele and reinforce its financial foundation.

This substantial investment round saw Ribbit Capital at the helm—a prominent financier known for nurturing fintech stars such as Robinhood, Vivid Money, and Plaid.

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Roots Deep in Irish Soil

Hailing from Ireland, co-founder Daragh Murphy brings a wealth of expertise from his time at UCD studying law and his strategic operational role at WeWork. Together with Gaurav Ahuja, they launched Imprint in 2020, setting up shop in the US with sights on transforming the habits of shoppers and rewarding brand loyalty.

Their endeavor crafts bespoke co-branded credit card programs, enabling consumers to gain rewards while engaging with their favorite brands.

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Investment Earmarked for Expansion and Innovation

"This funding represents a significant landmark," Murphy expressed, highlighting plans to bolster the company's holdings. The start-up is on a mission to expand its lending portfolio and align with new brands looking to delve into co-branded offerings.

"We're poised to construct a tech-centric financial institution that squarely serves renowned brands and their patrons," Murphy elaborated on the company’s official website. Imprint's platform has been meticulously engineered with this goal in mind.

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Prior Triumphs Paving the Way

Notably, Imprint's journey had already gained momentum with a Series A round in late 2021, securing £31 million backed by heavyweight investors such as Kleiner Perkins, the ambitious Stripe, and the illustrious media personality James Corden.

Just to sum up

Imprint's compelling vision for a customer-centric credit experience continues to attract influential allies and pave the way for a revolution in financial transactions. Thank you for taking the time to read about this impressive milestone. Delve into more engaging stories and explore further news on our Home page.

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