PANews reported on December 4 that 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 people from top financial technology companies such as Klarna and Robinhood. This round of funds will be used to expand the team, strengthen services, and promote market expansion in the Asia-Pacific region, the United States and the United Kingdom.
To date, Interlace has issued more than 4.5 million cards, worked with more than 100 partners, and processed more than 60 million transactions per year. To support its global expansion plans, the company has added four new executives, including Rob Vanden Broeke, who focuses on global financial partnerships, Jeff Brunjes, who optimizes operations, Mark Homeier, who drives market and business development, and JP Eaglin, who is responsible for brand and strategic partnerships.
