"Recharge's strong financial year, with €73.6M in revenue and a focus on innovation, positions it for further expansion in digital prepaid payment solutions."
"With a focus on profitable growth, Recharge doubled its EBITDA to €8.1M and credits technology investments for driving its 32% revenue increase."
Recharge achieved its best financial results in 2024, with €73.6M in net revenue, reflecting a 32% increase from the previous year, and an EBITDA of €8.1M. This growth is attributed to strategic investments in technology and product innovation, preparing the company for expansion into new markets. Recharge launched a new platform aimed at enhancing partner onboarding and product customization. In conjunction with pursuing a Payment Institution licence for broader financial services in Europe, the acquisition of digital rewards platform Giftcloud marks its entry into the B2B market.
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