The London-based firm will use the new funding to grow its team, launch new rewards and accelerate its expansion outside the UK, Yonder said in a Thursday post on LinkedIn
Yonder has raised £23.4 million to expand its credit card designed to help cardholders build good credit habits while earning rewards.
The London-based firm will use the new funding to grow its team, launch new rewards and accelerate its expansion outside the UK, Yonder said in a Thursday post on LinkedIn.
It is going to be a busy couple of years, Yonder said in the post. Building a world class credit card business isn’t easy. But we love to keep busy, so we are doubling down on ways to help you get the most out of your points, adding new partnerships with some of the world’s most iconic brands and building more intuitive features to help you use credit responsibly.
That is not even the half of it, the firm said. With this new funding, we’ll be taking Yonder on tour and launching outside the U.K. by the end of 2025.
Over the last year, Yonder added a free membership tier, hundreds of new partners around the U.K., product improvements and a feature called Yonder Flights that lets cardholders use their points “on any flight with any airline globally,” as per the post.
RTP Global, which co-led Yonder’s funding round, said in a Thursday post on LinkedIn that it is excited to support the firm as it prepares for European expansion and continued innovation.
Yonder is reshaping the credit card landscape, focusing on rewards and experiences that truly resonate with their customers, RTP Global stated in the post. From curated partnerships with local businesses to exciting collaborations with airlines, Yonder is creating a unique financial lifestyle platform that goes beyond traditional credit.