Recast secures $5M in funding led by Morpheus Ventures and Airstream Ventures to develop smart payment platform and micro-payment wallet.
Recast secures $5M in funding led by Morpheus Ventures and Airstream Ventures to develop smart payment platform and micro-payment wallet.
07/09/24, 12:15 PM
Location
Money raised
$5 million
Industry
marketing
software
Investors
Cooley, Airstream Ventures, Morpheus Ventures
Edinburgh-based fintech-for-media platform Recast has successfully closed a funding round of $5 million, with lead investment from Morpheus Ventures and additional funding from Airstream Ventures and Cooley. The investment will be used to further develop Recast’s API-centric smart payment platform and enhance its micro-payment wallet for the sale of digital commodities.
Company Info
Location
london, england, united kingdom
Additional Info
Recast is the fair content distribution and payment network.
Designed for rights holders, agencies and to work in parallel with OTT providers, Recast is for anyone who wants to grow the reach AND revenue of their own or their clients' content whilst offering subscription-free access for their fans.
Through Recast's proprietary distribution and payment technology you can set up, manage and distribute content anywhere across the internet - our Embed widgets can be placed on any website giving your fans seamless access and enabling you to use Affiliates to distribute your content to wider audiences.
Maintain complete control of your content by setting the price, availability and Affiliate percentage, whilst your fans enjoy no subscription PPV access to the content they love.
With a host of exciting extra features such as Channel Passes, advanced geo-blocking, consumption data dashboards and more, Recast offers the perfect solution for anyone looking to grow the reach and revenue of their content.