Prepaid Technologies acquires Dash purchasing card portfolio – FinTech Futures

- Advertisement -

Business payment solutions provider Prepaid Technologies has acquired Karmic Labs’ Dash, as well as other select assets, reports Jane Connolly.

Enabling business owners to move money in real-time to individual cards and accounts

The Dash prepaid purchasing card portfolio and expense management solution will be added to Prepaid Technologies’ existing suite of services. Several members of Karmic’s key personnel will join the Prepaid Technologies team.

Prepaid Technologies provides customers with a mobile-focused platform enabling business owners to move money in real-time to individual cards and accounts for everyday purchases.

“This cardholder portfolio more than doubles our existing expense management business, elevating purchasing to the level of our payroll, incentive and rewards lines of business,” says Prepaid Technologies CEO, Stephen Faust.

Over the coming months Prepaid Technologies will integrate the Dash portfolio and will provide clients with access to additional solutions, including: payroll card programmes that it claims will improve bottom-line performance and value for employees; reward and incentive cards; state-of-the-art API Payment Integrations that will support faster, more efficient internal operations.

- Advertisement -

Current Karmic and Dash customers will also receive an expanded range of services, including Prepaid Technologies’ dedicated customer support.

source

Previous Articles:

- Advertisement -

Latest

Twenty One Capital secures $100M boost as crypto VCs keep investing

Twenty One Capital secured an additional $100 million in investment, raising total funding to $685 million. aZen closed a $1.2 million seed round to expand...

MAS to Rarely License Offshore Crypto Firms, Deadline June 2025

Monetary Authority of Singapore (MAS) will require offshore-focused crypto and stablecoin firms incorporated in Singapore to drop or legalize their operations by June 30,...

XRP Soars 300% as VivoPower Buys $121M, Corporate Crypto Shift Grows

Ripple’s XRP increased 300% over the past year, surpassing Bitcoin’s gains during the same period. VivoPower, a Nasdaq-listed company, announced plans to purchase $121 million...

Strategy (MSTR) Buys 705 More BTC, Holdings Top 580,000 Bitcoin

Strategy (MSTR) purchased 705 more bitcoins, raising total holdings to 580,955 BTC. The company's overall average purchase price is now $70,023 per bitcoin. ...

Hedera Urges Dynamic Gas Estimation to Prevent dApp Failures

Hardcoded gas limits in smart contracts can cause transaction failures as network conditions or contract logic change. Best practices include estimating gas, adding...

Must Read

7 Best Crypto To Invest In This Year

Investing in cryptocurrencies has become a popular way for people to diversify their investment portfolio and make potential profits.However, with so many cryptocurrencies available...