Recharge, a leading prepaid payment platform in Europe, has raised €45 million from ABN AMRO to pursue mergers and acquisitions while expanding into fintech services. The company, which has reported a 30% revenue growth in 2024, aims to leverage the funding to consolidate its market position and launch new financial products. CEO Günther Vogelpoel emphasized the desire to evolve into a financial services provider with enhanced privacy and security features. With a growing prepaid card market expected to reach $395 billion by 2028, Recharge is strategically positioned for growth.