WeGift, a digital payouts firm based in the UK, has raised £26mn funding.
In Brief:
WeGift offers a digital payout platform for online clients like AirBnB, Nike and Aldi to take care of reward, refunds and more.
The Series B round was led by Element Ventures.
It also included Clocktower Ventures, Volution Capital, CommerzVentures, AlbionVC and SAP.
What does this mean?
With the new funding, WeGift says it will add to its team, following the recent hire of a new CMO. It also plans to support growth into new regions like North America.