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WeGift closes additional financing in $12 million funding round and welcomes new investor CommerzVentures, the FinTech-focused venture capital fund backed by Commerzbank. CommerzVentures joins existing investors, AlbionVC, who led the fundraise, as well as Stride.VC, SAP.iO Fund, and Unilever Ventures. WeGift has already captured significant market share in the B2B digital rewards industry with customers like Habito, Perkbox, Seated, and Vodafone. They plan to invest heavily in go-to-market hiring, product development, and expanding into the U.S. This round will establish WeGift as the universal digital payouts platform for businesses.
