{"id":14313,"date":"2024-12-04T13:24:39","date_gmt":"2024-12-04T06:24:39","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=14313"},"modified":"2024-12-04T13:24:39","modified_gmt":"2024-12-04T06:24:39","slug":"interlace-secures-10-million-in-series-b1-funding-expands-leadership-team-to-accelerate-global-growth","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=14313","title":{"rendered":"Interlace Secures $10 Million in Series B1 Funding, Expands Leadership Team to Accelerate Global Growth"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 4, 2024<\/span><\/span> \/PRNewswire\/ &#8212;<b> Interlace<\/b>, a global card issuance and digital asset management platform based in <span class=\"xn-location\">Singapore<\/span>, announced today that it has raised <b><span class=\"xn-money\">$10 million<\/span><\/b> in its Series B1 funding round. The round was led by <b>Bitrock Capital<\/b>, with participation from prominent individual investors in the fintech industry, including early employees and senior managers from leading companies such as <b>Klarna<\/b> and <b>Robinhood<\/b>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2573133\/Interlace_money_Leading_Payments_Revolution.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2573133\/Interlace_money_Leading_Payments_Revolution.jpg?p=medium600\" title=\"Interlace.money: Leading the Payments Revolution\" alt=\"Interlace.money: Leading the Payments Revolution\" \/> <\/a> <br \/><span>Interlace.money: Leading the Payments Revolution<\/span><\/p>\n<\/div>\n<p>To date, Interlace has <b>issued over 4.5 million cards<\/b>, partnered with <b>100+ integrated partners<\/b>, and processes <b>over 60 million transactions annually<\/b>. The new funding will support Interlace&#8217;s continued global expansion into key markets such as <b><span class=\"xn-location\">Asia-Pacific<\/span> (APAC)<\/b>, the <b><span class=\"xn-location\">United States<\/span><\/b>, and the <b><span class=\"xn-location\">United Kingdom<\/span><\/b>. A significant portion of the investment will be allocated to building an international team, enhancing the company&#8217;s ability to serve a diverse and global client base.<\/p>\n<p>To drive this ambitious expansion, Interlace is pleased to announce the addition of four seasoned executives to its leadership team:<\/p>\n<ul type=\"disc\">\n<li><b>Rob\u00a0Vanden Broeke \u2013 Head of Global Financial Partners<br \/><\/b>Rob is an accomplished executive in fintech, payments, and technology, with a strong background in integrated partnerships, Banking-as-a-Service (BaaS), and global payment solutions across various industries. At Interlace, Rob will focus on expanding global banking and fintech partnerships, scaling banking, card, and global payment solutions. His efforts will drive strategic partnerships and innovative financial products to broaden access to financial services for B2B and B2C clients worldwide.<\/li>\n<li><b>Jeff\u00a0Brunjes \u2013 Head of Global Operations<br \/><\/b>Combining deep institutional finance expertise with strategic innovation, Jeff advances Interlace&#8217;s global mission by streamlining client experiences and building trust through operational excellence. Drawing from his background in investment banking operations and private wealth advisory, he brings a unique understanding of traditional financial processes and emerging digital asset opportunities. Jeff&#8217;s balanced approach positions Interlace as a trusted partner for businesses navigating the future of financial services.<\/li>\n<li><b>Mark\u00a0Homeier \u2013 Head of Marketing and Business Development<br \/><\/b>Mark brings over two decades of experience in fintech, blockchain, marketing, and business development. Specializing in global growth strategies for innovative financial platforms, he focuses on creating efficient and cost-effective money management solutions. Mark&#8217;s expertise in enhancing Web3 usability and integrating cryptocurrency technologies will be instrumental in navigating technology-driven markets and fostering sustainable development.<\/li>\n<li><b>JP\u00a0Eaglin \u2013 Creative Director and Strategic Partnerships<br \/><\/b>With over 25 years of experience developing and launching brands in the US, <span class=\"xn-location\">Latin America<\/span>, and <span class=\"xn-location\">Asia<\/span>, JP joins Interlace with his creative agency, Vanguard42. As Creative Director, he will oversee the rebrand and spearhead global marketing efforts. JP&#8217;s role in strategic partnerships will further enhance Interlace&#8217;s business development rollout, strengthening the company&#8217;s international presence.<\/li>\n<\/ul>\n<p><b>&#8220;We are thrilled to welcome Mark, Jeff, Rob, and JP to our leadership team,&#8221;<\/b>\u00a0said <b><span class=\"xn-person\">Michael Wu<\/span>, Founder and CEO<\/b> at Interlace. <b>&#8220;Their combined expertise and vision align perfectly with our mission to revolutionize global financial solutions. This expansion of our team, along with the new funding, positions us to accelerate our global growth and enhance our services for clients worldwide.&#8221;<\/b><\/p>\n<p><b>Bitrock Capital<\/b>\u00a0expressed strong confidence in Interlace&#8217;s vision and capabilities.<\/p>\n<p><b>&#8220;The Bitrock team is really impressed with Interlace&#8217;s technological and product capabilities. In only a couple years they have developed effective and compliant solutions to help cross border merchants make and receive payments,&#8221;<\/b>\u00a0said <b>Alfred Shang<\/b>, <b>Founding partner<\/b> at Bitrock Capital. <b>&#8220;We think Interlace is uniquely positioned to capture the significant opportunities in the global payment markets with its young and eager management team and robust fintech capabilities. Bitrock will continue to support Interlace&#8217;s strategic and business development to create exceptional value for exporters and merchants as they navigate the challenging global trade and finance markets.&#8221;<\/b><\/p>\n<p>Founded in 2019, Interlace delivers the most efficient and cost-effective cross-border, cross-currency, and cross-system financial solutions for <b>Web3<\/b>, cross-border e-commerce, B2B trade, developers, and more. Operating in strict compliance with global regulations, Interlace holds the highest security certification in the international card payment industry, <b>PCI-DSS Level 1<\/b>, and is licensed in the <b><span class=\"xn-location\">United States<\/span><\/b>, <b><span class=\"xn-location\">Hong Kong<\/span><\/b>, and <b><span class=\"xn-location\">Lithuania<\/span><\/b>.<\/p>\n<p><b>About Interlace<\/b><\/p>\n<p><b>Interlace<\/b>\u00a0is an enterprise-level global card issuance and digital asset management company based in <span class=\"xn-location\">Singapore<\/span>, dedicated to delivering efficient and cost-effective cross-border, cross-currency, and cross-system financial solutions. Serving sectors such as Web3, cross-border e-commerce, B2B trade, and software developers, Interlace operates in strict compliance with global regulations. The company holds the <b>PCI-DSS Level 1<\/b> security certification and is licensed in <span class=\"xn-location\">the United States<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, and <span class=\"xn-location\">Lithuania<\/span>. Interlace is committed to innovating financial technology solutions that facilitate seamless global transactions and connectivity.<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 4, 2024<\/span><\/span> \/PRNewswire\/ &#8212;<b> Interlace<\/b>, a global card issuance and digital asset management platform based in <span class=\"xn-location\">Singapore<\/span>, announced today that it has raised <b><span class=\"xn-money\">$10 million<\/span><\/b> in its Series B1 funding round. The round was led by <b>Bitrock Capital<\/b>, with participation from prominent individual investors in the fintech industry, including early employees and senior managers from leading companies such as <b>Klarna<\/b> and <b>Robinhood<\/b>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<p> <a href=\"https:\/\/mma.prnasia.com\/media2\/2573133\/Interlace_money_Leading_Payments_Revolution.html\" target=\"_blank\" rel=\"nofollow\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2573133\/Interlace_money_Leading_Payments_Revolution.jpg?p=medium600\" title=\"Interlace.money: Leading the Payments Revolution\" alt=\"Interlace.money: Leading the Payments Revolution\" \/> <\/a> <br \/><span>Interlace.money: Leading the Payments Revolution<\/span><\/p>\n<\/div>\n<p>To date, Interlace has <b>issued over 4.5 million cards<\/b>, partnered with <b>100+ integrated partners<\/b>, and processes <b>over 60 million transactions annually<\/b>. The new funding will support Interlace&#8217;s continued global expansion into key markets such as <b><span class=\"xn-location\">Asia-Pacific<\/span> (APAC)<\/b>, the <b><span class=\"xn-location\">United States<\/span><\/b>, and the <b><span class=\"xn-location\">United Kingdom<\/span><\/b>. A significant portion of the investment will be allocated to building an international team, enhancing the company&#8217;s ability to serve a diverse and global client base.<\/p>\n<p>To drive this ambitious expansion, Interlace is pleased to announce the addition of four seasoned executives to its leadership team:<\/p>\n<ul type=\"disc\">\n<li><b>Rob\u00a0Vanden Broeke \u2013 Head of Global Financial Partners<br \/><\/b>Rob is an accomplished executive in fintech, payments, and technology, with a strong background in integrated partnerships, Banking-as-a-Service (BaaS), and global payment solutions across various industries. At Interlace, Rob will focus on expanding global banking and fintech partnerships, scaling banking, card, and global payment solutions. His efforts will drive strategic partnerships and innovative financial products to broaden access to financial services for B2B and B2C clients worldwide.<\/li>\n<li><b>Jeff\u00a0Brunjes \u2013 Head of Global Operations<br \/><\/b>Combining deep institutional finance expertise with strategic innovation, Jeff advances Interlace&#8217;s global mission by streamlining client experiences and building trust through operational excellence. Drawing from his background in investment banking operations and private wealth advisory, he brings a unique understanding of traditional financial processes and emerging digital asset opportunities. Jeff&#8217;s balanced approach positions Interlace as a trusted partner for businesses navigating the future of financial services.<\/li>\n<li><b>Mark\u00a0Homeier \u2013 Head of Marketing and Business Development<br \/><\/b>Mark brings over two decades of experience in fintech, blockchain, marketing, and business development. Specializing in global growth strategies for innovative financial platforms, he focuses on creating efficient and cost-effective money management solutions. Mark&#8217;s expertise in enhancing Web3 usability and integrating cryptocurrency technologies will be instrumental in navigating technology-driven markets and fostering sustainable development.<\/li>\n<li><b>JP\u00a0Eaglin \u2013 Creative Director and Strategic Partnerships<br \/><\/b>With over 25 years of experience developing and launching brands in the US, <span class=\"xn-location\">Latin America<\/span>, and <span class=\"xn-location\">Asia<\/span>, JP joins Interlace with his creative agency, Vanguard42. As Creative Director, he will oversee the rebrand and spearhead global marketing efforts. JP&#8217;s role in strategic partnerships will further enhance Interlace&#8217;s business development rollout, strengthening the company&#8217;s international presence.<\/li>\n<\/ul>\n<p><b>&#8220;We are thrilled to welcome Mark, Jeff, Rob, and JP to our leadership team,&#8221;<\/b>\u00a0said <b><span class=\"xn-person\">Michael Wu<\/span>, Founder and CEO<\/b> at Interlace. <b>&#8220;Their combined expertise and vision align perfectly with our mission to revolutionize global financial solutions. This expansion of our team, along with the new funding, positions us to accelerate our global growth and enhance our services for clients worldwide.&#8221;<\/b><\/p>\n<p><b>Bitrock Capital<\/b>\u00a0expressed strong confidence in Interlace&#8217;s vision and capabilities.<\/p>\n<p><b>&#8220;The Bitrock team is really impressed with Interlace&#8217;s technological and product capabilities. In only a couple years they have developed effective and compliant solutions to help cross border merchants make and receive payments,&#8221;<\/b>\u00a0said <b>Alfred Shang<\/b>, <b>Founding partner<\/b> at Bitrock Capital. <b>&#8220;We think Interlace is uniquely positioned to capture the significant opportunities in the global payment markets with its young and eager management team and robust fintech capabilities. Bitrock will continue to support Interlace&#8217;s strategic and business development to create exceptional value for exporters and merchants as they navigate the challenging global trade and finance markets.&#8221;<\/b><\/p>\n<p>Founded in 2019, Interlace delivers the most efficient and cost-effective cross-border, cross-currency, and cross-system financial solutions for <b>Web3<\/b>, cross-border e-commerce, B2B trade, developers, and more. Operating in strict compliance with global regulations, Interlace holds the highest security certification in the international card payment industry, <b>PCI-DSS Level 1<\/b>, and is licensed in the <b><span class=\"xn-location\">United States<\/span><\/b>, <b><span class=\"xn-location\">Hong Kong<\/span><\/b>, and <b><span class=\"xn-location\">Lithuania<\/span><\/b>.<\/p>\n<p><b>About Interlace<\/b><\/p>\n<p><b>Interlace<\/b>\u00a0is an enterprise-level global card issuance and digital asset management company based in <span class=\"xn-location\">Singapore<\/span>, dedicated to delivering efficient and cost-effective cross-border, cross-currency, and cross-system financial solutions. Serving sectors such as Web3, cross-border e-commerce, B2B trade, and software developers, Interlace operates in strict compliance with global regulations. The company holds the <b>PCI-DSS Level 1<\/b> security certification and is licensed in <span class=\"xn-location\">the United States<\/span>, <span class=\"xn-location\">Hong Kong<\/span>, and <span class=\"xn-location\">Lithuania<\/span>. Interlace is committed to innovating financial technology solutions that facilitate seamless global transactions and connectivity.<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-14313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/14313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14313"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/14313\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}