Runa
Disrupting the entire B2C payments network
Company mission
To help companies pay the people they serve in any form of digital value.
Employees
101-200
HQ Location
Old Street, London, UK
OTTA INSIGHTS
Otta's take on Runa
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 Incumbents focus on physical gift cards, and a lot of the work is done on spreadsheets and outdated systems.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.
Total funding - $59.6m
Last 2 fundraises
Mar 2021
$12m
EARLY VC
Nov 2022
$32.8m
SERIES B
This company has top investors
Company benefits
- A minimum of 25 days holiday + public holidays. We also offer 5 wellbeing days over the year.
- Staff perks with Runa brands - discounts of up to 12% on coffee, weekly groceries, holidays, the list is endless
- Generous maternity and paternity packages to make sure you get to spend time with your new bundle of joy
- 401k
- Medical Health Insurance
- Private Medical Health Insurance with Bupa
- Visa sponsorship and relocation package opportunities
- Participation in the Employee Options pool giving you ownership in Runa and participation in the upside
- Pension scheme (3% contribution)
- £1,000 annual L&D allowance to invest in mastering your craft, including accredited studies
- Cycle to work scheme - save some £££ on buying a bike
- Workplace Nursery benefit, where Runa makes a contribution to your child's nursery for equipment, training, redecoration or anything else
- Recognition Awards, where we shine the spotlight on exceptional employees every quarter who in turn get a £200 award in the eGift card of their choice
- Private Medical Health Insurance with Bupa
- Visa sponsorship and relocation package opportunities
- Participation in the Employee Options pool giving you ownership in Runa and participation in the upside
- Pension scheme (3% contribution)
- £1,000 annual L&D allowance to invest in mastering your craft, including accredited studies
- Cycle to work scheme - save some £££ on buying a bike
- Workplace Nursery benefit, where Runa makes a contribution to your child's nursery for equipment, training, redecoration or anything else
- Recognition Awards, where we shine the spotlight on exceptional employees every quarter who in turn get a £200 award in the eGift card of their choice
🌍 Company-wide benefits
🇺🇸 US benefits
🇬🇧 UK benefits
🇪🇺 EU benefits
Company values
- Build Trust
- Dive Deep
- Adapt & Overcome
- Master Your Craft
Founders
Aron Alexander
(CEO)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 (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.
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