Yonder, a rewards credit card company, has successfully raised £23.4 million in new funding, led by key investors like Dan Jones of Repeat, Gareth Jefferies of RTP Global, and Remus Brett of Latitude. This funding brings Yonder’s valuation to over £100 million and is aimed at accelerating its product development, international expansion, and hiring plans. Since its launch in spring 2022, Yonder has grown rapidly by offering tailored rewards and a user-friendly experience for its Millennial and Gen Z customer base, emphasizing travel, dining, and entertainment as core benefits of its service.
- The funding will support Yonder’s new proprietary travel benefits and its expansion into international markets, helping the startup become a key player in travel and social rewards.
- Yonder's members have spent nearly £200 million and used its Experience partners over 60,000 times, showcasing strong customer engagement since its launch.
- Yonder is growing at 3x year-over-year, targeting Millennials and Gen Z with a unique credit card experience that focuses on seamless UX and travel benefits while expanding into cities beyond London.
