The Scoop
Berlin-based finperks secured $4M in pre-seed funding led by Motive Partners and seed+speed Ventures to develop API infrastructure for the global prepaid market, projected to reach $4.24T by 2035.
The Context
finperks addresses the fragmented prepaid market, offering a single API for accessing over 1,000 brands in Europe. This simplifies integrations for banks, fintechs, and HR platforms seeking to offer digital rewards, cashback, and employee benefits. The demand for such services is growing, but the underlying infrastructure is complex, slowing product launches and limiting regional availability. finperks aims to be the 'Stripe' for prepaid.