Rezolve Ai Boosts AI Commerce Landscape with $230M Reward Acquisition
In a significant move to reshape the landscape of AI-powered banking and commerce, Rezolve Ai, a prominent name on NASDAQ and a leader in global commerce and AI solutions, has finalized the acquisition of Reward for a staggering $230 million. This all-cash deal is aimed at creating a pioneering integration of conversational commerce with commerce media, setting a new benchmark in customer engagement and transactional capability.
The acquisition aligns perfectly with the vision of both companies to propel innovation in the financial and retail sectors. Reward, known for its excellence in customer engagement and commerce media, shares its capabilities with Rezolve Ai’s advanced conversational commerce platform. This integration is expected to facilitate the seamless transition from product discovery to real-time engagement while also providing verified metrics to capture the complete shopping journey, thus closing the loop on customer interactions.
Gavin Dein, the Founder and Deputy Chairman of Reward, expressed his enthusiasm for the merger, highlighting that Reward continues its mission to enhance everyday spending for customers—having returned over $2.5 billion in rewards so far and contributing to charitable initiatives with around $20 million. Dein stated, ‘I’m immensely proud of what we’ve achieved at Reward and excited about what lies ahead as part of the Rezolve Ai group.’
With the merging of these platforms, companies can now leverage data-driven insights in real time to personalize customer conversations better than ever before. By utilizing Reward's first-party transaction insights alongside Rezolve Ai’s advanced conversational capabilities, brands can effectively engage consumers at vital moments when purchase intent is high. This model not only elevates the shopping experience but also enables businesses to measure outcomes directly related to actual spending, enhancing accountability and tracking.
Daniel M. Wagner, the Founder and CEO of Rezolve Ai, further elaborated on the implications of this merger, stating, ‘Reward serves as a robust platform at the core of AI-driven commerce, already operating effectively where the discovery of products blends with consumer loyalty and transactions. This integration substantially enhances our strategy to embed Rezolve deeper into the routine spending behaviors of consumers across banks and retailers.’
This merger comes at a time when both companies enjoy extensive relationships with international banks and retailers, along with a significant foothold across diverse regions including the UK, Europe, the Middle East, and Asia. Their collaboration aims to leverage Rezolve Ai’s established presence in the Americas to bolster worldwide acceptance of AI-enabled commerce solutions. Jamie Samaha, the CEO of Reward, mentioned, ‘Joining forces with Rezolve Ai confirms the exceptional performance of our business and the unique value we bring to our clients. Together, we are developing a groundbreaking AI-driven commerce platform that bridges the gap between shoppers and our retail partners, converting browsing into quantifiable sales effectively.’
Reward operates in more than 15 markets and stands out in the customer engagement arena, combining digital marketing, technology, and data insights to foster captivating customer experiences. Additionally, Reward’s success is backed by well-established entities like Experian and TransUnion, securing its status as a formidable player in commerce media.
Rezolve Ai, recognized for its revolutionary AI solutions, offers a suite of products designed to enhance customer engagement and boost operational effectiveness. The company’s advanced AI platform, known as the Brain Suite, is glorified as the world’s first enterprise AI platform made for Agentic Commerce, focusing on search, transaction, fulfillment, and personalization in a manner optimized for extensive global reach.
The integration of these two entities is anticipated to shift paradigms in how brands perceive customer interaction in the retail landscape, assuring innovation and growth in unprecedented measures. For more insights about Reward and Rezolve Ai, visit their respective sites: Reward and Rezolve Ai.
Uniting Forces for a New Era
The acquisition aligns perfectly with the vision of both companies to propel innovation in the financial and retail sectors. Reward, known for its excellence in customer engagement and commerce media, shares its capabilities with Rezolve Ai’s advanced conversational commerce platform. This integration is expected to facilitate the seamless transition from product discovery to real-time engagement while also providing verified metrics to capture the complete shopping journey, thus closing the loop on customer interactions.
Gavin Dein, the Founder and Deputy Chairman of Reward, expressed his enthusiasm for the merger, highlighting that Reward continues its mission to enhance everyday spending for customers—having returned over $2.5 billion in rewards so far and contributing to charitable initiatives with around $20 million. Dein stated, ‘I’m immensely proud of what we’ve achieved at Reward and excited about what lies ahead as part of the Rezolve Ai group.’
A Transformational Approach to AI-Powered Commerce
With the merging of these platforms, companies can now leverage data-driven insights in real time to personalize customer conversations better than ever before. By utilizing Reward's first-party transaction insights alongside Rezolve Ai’s advanced conversational capabilities, brands can effectively engage consumers at vital moments when purchase intent is high. This model not only elevates the shopping experience but also enables businesses to measure outcomes directly related to actual spending, enhancing accountability and tracking.
Daniel M. Wagner, the Founder and CEO of Rezolve Ai, further elaborated on the implications of this merger, stating, ‘Reward serves as a robust platform at the core of AI-driven commerce, already operating effectively where the discovery of products blends with consumer loyalty and transactions. This integration substantially enhances our strategy to embed Rezolve deeper into the routine spending behaviors of consumers across banks and retailers.’
Readiness for Global Scale
This merger comes at a time when both companies enjoy extensive relationships with international banks and retailers, along with a significant foothold across diverse regions including the UK, Europe, the Middle East, and Asia. Their collaboration aims to leverage Rezolve Ai’s established presence in the Americas to bolster worldwide acceptance of AI-enabled commerce solutions. Jamie Samaha, the CEO of Reward, mentioned, ‘Joining forces with Rezolve Ai confirms the exceptional performance of our business and the unique value we bring to our clients. Together, we are developing a groundbreaking AI-driven commerce platform that bridges the gap between shoppers and our retail partners, converting browsing into quantifiable sales effectively.’
About the Companies
Reward operates in more than 15 markets and stands out in the customer engagement arena, combining digital marketing, technology, and data insights to foster captivating customer experiences. Additionally, Reward’s success is backed by well-established entities like Experian and TransUnion, securing its status as a formidable player in commerce media.
Rezolve Ai, recognized for its revolutionary AI solutions, offers a suite of products designed to enhance customer engagement and boost operational effectiveness. The company’s advanced AI platform, known as the Brain Suite, is glorified as the world’s first enterprise AI platform made for Agentic Commerce, focusing on search, transaction, fulfillment, and personalization in a manner optimized for extensive global reach.
The integration of these two entities is anticipated to shift paradigms in how brands perceive customer interaction in the retail landscape, assuring innovation and growth in unprecedented measures. For more insights about Reward and Rezolve Ai, visit their respective sites: Reward and Rezolve Ai.
Topics Consumer Technology）
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