American Express and Visa alumni raise $4 million for Rhythmic, which partners with brands to provide financial products for their customers [Fortune]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Fortune
Now, the two former credit card execs have founded a startup called Rhythmic to bring stablecoins to the broader market. Rhythmic's strategy revolves around partnering with consumer-facing companies to provide cash back, rewards programs, and other financial products for the brands' customers. Recommended Video Rhythmic announced on Thursday that it raised a $4 million seed round led by Dragonfly, with support from Mirana Ventures, The Fintech Fund, and other backers. Marks, the CEO of the company, did not disclose the company's valuation in an interview with Fortune. “We are giving everyday users the power of stablecoins through brands that they already know and trust,” said Hayes, the company's CPTO. “We're embedding stablecoin financial services into existing user brands that everyone uses today.” Rhythmic aspires to partner with brands to create a financial product that includes balances, payments, and rewards for those companies' customers. Its vision is for a wide range
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News
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- Berman Tabacco Announces a Class Action Settlement If You Used Your VISA or Mastercard Debit Card OR VISA, Mastercard, or Discover non-rewards Credit Card To Make a Purchase from 2015-2022 [Yahoo! Finance]Yahoo! Finance
- Get Apple's iPhone 16e for Free With a $100 prepaid Mastercard thrown in at T-Mobile While You Can [CNET News]CNET News
MA
Earnings
- 1/29/26 - Beat
MA
Sec Filings
- 2/11/26 - Form IRANNOTICE
- 2/11/26 - Form 10-K
- 2/6/26 - Form 4
- MA's page on the SEC website