Dutch digital top-up startup Creative Group secures €22 million

Dutch digital top-up startup Creative Group secures €22 million

Creative Group, a fintech startup headquartered in Nijmegen, the Netherlands, has landed a €22 million in funding from Prime Ventures, which was the sole investor in this round.

Creative Group's main focus is digital top-up in the areas like call credit, entertainment, and prepaid gaming cards. The company's consumer-facing labels are Recharge.com and Rapido.com, while on the back-end it claims to have developed a highly scalable proprietary distribution platform.

Rapido.com is currently operational in 13 countries and offers different e-vouchers for services like iTunes, Google, Spotify, Xbox and PlayStation. Recharge.com, which Creative Group launched in 2016, is focused on “on delivering a service to immigrants for cross-border remittances of call and data credits,” the company said in a statement. It's available in 130 countries across 600 mobile networks.

The startup expects to reach €200 million in sales volume by the end of 2019.

Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.