PANews December 4 news, Singapore's global card issuance and digital asset management platform Interlace announced the completion of a $10 million B1 round of financing, led by Bitrock Capital, with participation from senior professionals from top fintech companies such as Klarna and Robinhood. The funds raised will be used to expand the team, enhance services, and advance market development in the Asia-Pacific region, the United States, and the United Kingdom.
As of now, Interlace has issued over 4.5 million cards and collaborated with more than 100 partners, processing over 60 million transactions annually. To support its global expansion plan, the company has added four new executives, including Rob Vanden Broeke, focusing on global financial partnerships, Jeff Brunjes, optimizing operations, Mark Homeier, driving market and business development, and JP Eaglin, responsible for branding and strategic partnerships.