Recharge, an Amsterdam-based company, is positioning itself as a key player in the transformation of the prepaid payments market, driven by consumer demand for flexible and secure digital solutions. The company combines a broad range of prepaid products with a growth strategy centered on acquisitions.
Founded in 2010 by Robin Weesie and Dirk Ueberbach, Recharge offers a digital platform that connects brands and consumers by distributing over 16,000 products, including gift cards and prepaid solutions. This approach enables businesses to diversify their revenue streams while providing consumers with greater financial control.
In 2023, Recharge strengthened its market position by acquiring Starselect, a Dutch marketplace specializing in digital gift cards. This acquisition aligns with its strategy to expand its product portfolio and geographic reach.
To support its ambitions, Recharge secured €45M in debt financing from ABN AMRO. The funds will be used to consolidate its market presence and accelerate its acquisition strategy, with two to three deals planned for 2025. With 30% revenue growth in 2024, Recharge aims to achieve €1 billion in sales by 2025.
