Chicago - based firm Raise has secured $ 60 m in a series C funding round , featuring investments from Google and Intel . Raise , which offers customers the chance to buy and sell unwanted gift cards , will use the funding to focus on developing its own digital payment platform . Shoppers can buy cards from up to 3,000 retailers using the app , before paying either online or at a till , with an average saving of 12 % per transaction .
Chicago-based firm Raise has secured $60m in a series C funding round, featuring investments from Accel and PayPal. Raise, which offers customers the chance to buy and sell unwanted gift cards, will use the funding to focus on developing its own digital payment wallet. Shoppers can buy cards from up to 3,000 retailers using the app, before paying either online or at a till, with an average saving of 12% per transaction.