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Runa

Disrupting the entire B2C payments network

101-200 employees
  • Fintech
  • B2B
Old Street, London, UK

Company mission

To help companies pay the people they serve in any form of digital value.

Top investors

40% female employees

64% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

The non-cash rewards industry is worth $300 billion, yet hasn't seen much innovation. Incumbents focus on physical gift cards, and a lot of the work is done on spreadsheets and outdated systems.

Runa (rebranded from WeGift) has built a platform that offers API access for businesses to automate sending digital rewards.

There are clear similarities to Stripe here: they revolutionised payments to businesses and are now worth $20 billion. Runa is providing quick integrations for developers and simple design, just like Stripe, but do it such that businesses can 'pay' their customers.

Runa had a strong year in 2023, diversifying its customer base and bringing to the market more than 1500 payout types. It is available in over 40 countries and 25 currencies, indicating a massive leap forward for the platform.

Benefits

  • Generous maternity and paternity packages to make sure you get to spend time with your new bundle of joy
  • Staff perks with Runa brands - discounts of up to 12% on coffee, weekly groceries, holidays, the list is endless
  • A minimum of 25 days holiday + public holidays. We also offer 5 wellbeing days over the year.

Company values

  • Build Trust
  • Dive Deep
  • Adapt & Overcome
  • Master Your Craft

Funding (last 2 of 6 rounds)

Nov 2022

$33.1m

SERIES B

Mar 2021

$12m

EARLY VC

$59.9m

Total funding

This company has top investors

Founders

Previously founded a property investment company. Also worked for Zapper (payments and loyalty company)

People progressing

Progressed from Principal Software Engineer to Staff Software Engineer in less than a year!

Joined Runa as Head of Commercial Partnerships and was promoted to Sales Director, and most recently to Director of Sales and Business Development

Diversity & Inclusion at Runa

Oliver Lochhead headshot

Oliver Lochhead (Talent Manager )

  • At Runa, we are passionate about building a meritocratic environment where everyone has an opportunity to be successful regardless of who they are.
  • We're excited to be a TTC Signatory, so we can continue to foster an inclusive and diverse workforce that is truly representative of all sections of society, where each employee feels respected and able to do their best work.

Endorsements

All

Challenging work (4)

Opportunities to learn (3)

Autonomy (3)

Inspiring mission (3)

Great work is recognised (2)

People of all backgrounds are welcomed (2)

Nice people (1)

Intelligent people (1)

My opinions are valued (1)

Supportive management (1)