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Stakk Accelerates US Expansion with $1.6M R-DBX Acquisition and $1M Funding Boost
6:56pm on Friday 31st of January, 2025 AEDT
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Fintech
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Stakk Accelerates US Expansion with $1.6M R-DBX Acquisition and $1M Funding Boost
6:56pm on Friday 31st of January, 2025 AEDT
Key Points
Acquisition of US-based R-DBX completed, generating $1.6 million revenue in 2024
R-DBX rebranded as Stakk Technologies, expanding US Embedded Finance footprint
Secured $1 million working capital facility from Relentless Fintech Partners
Pipeline of major US and Australian brands expected to close deals in Q3
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