Highnote (platform): Difference between revisions
remove deletion notice |
remove deletion notice |
||
| Line 1: | Line 1: | ||
{{notability|1=Companies|date=March 2026}} | {{notability|1=Companies|date=March 2026}} | ||
Revision as of 02:48, 1 October 2026
 |
This article may not meet the notability guidelines for companies and organizations. Please help to establish notability by adding reliable, secondary sources about the topic. If notability cannot be established, the article is likely to be merged or deleted. (March 2026) |
Highnote Platform, Inc. is an American financial technology company that develops cloud-based payments infrastructure for card issuing, embedded finance, and payment acquiring.[1][2] The company is based in San Francisco, California.[3][4]
History
Highnote was founded in 2020 in San Francisco by John MacIlwaine and Kin Kee, both former executives at Braintree.[2][4] The company emerged from stealth in 2021 with $54 million in combined seed and Series A funding from investors including Oak HC/FT, Costanoa Ventures, WestCap, XYZ Venture Capital, and SVB Capital.[5]
In 2023, Highnote expanded its payments platform to support consumer credit card programs, adding credit-related capabilities such as underwriting, repayment, and loan servicing tools.[6] In 2024, Forbes included Highnote on its annual Fintech 50 list.[7] A year later, in January 2025, Highnote raised $90 million in Series B funding led by Adams Street Partners and launched a merchant acquiring product, bringing its total disclosed funding to about $145 million.[8][9]
In 2025 and 2026, Highnote appeared on the Forbes Fintech 50 list.[10][11]
Platform
Highnote's platform is designed for businesses that issue cards, move funds, and embed payment capabilities into their products.[1][12] It initially focused on card issuing and program management, and later expanded into payment acquiring, consumer credit, and broader money movement tools.[2][8]
The platform is a unified, API-driven system that combines card issuing, ledgering, credit features, and acquiring functions for enterprise customers and business-to-business platforms.[8][12] Its offerings have been used in products such as small-business credit cards, payroll cards, and fleet payment programs.[13][14][15]
References
- ↑ 1.0 1.1 "Highnote Platform Inc - Company Profile and News". https://www.bloomberg.com/profile/company/1922417D:US.
- ↑ 2.0 2.1 2.2 Pugh, Alex (September 29, 2021). "Payments fintech Highnote emerges from stealth with $54m funding". https://www.fintechfutures.com/m-a/payments-fintech-highnote-emerges-from-stealth-with-54m-funding.
- ↑ "Highnote". https://www.forbes.com/companies/highnote/.
- ↑ 4.0 4.1 "About". https://highnote.com/about.
- ↑ Pugh, Alex (September 29, 2021). "Payments fintech Highnote emerges from stealth with $54m funding". https://www.fintechfutures.com/m-a/payments-fintech-highnote-emerges-from-stealth-with-54m-funding.
- ↑ "Fintech Highnote Expands Payment Platform to Support Consumer Credit Programs". https://www.crowdfundinsider.com/2023/10/214807-fintech-highnote-expands-payment-platform-to-support-consumer-credit-programs/.
- ↑ "The Future Of Wall Street And Enterprise: Fintech 50 2024". https://www.forbes.com/sites/hanktucker/2024/02/13/the-future-of-wall-street-and-enterprise-fintech-50-2024/.
- ↑ 8.0 8.1 8.2 "Highnote raises $90M for expansion". January 21, 2025. https://www.paymentsdive.com/news/highnote-embedded-payments-card-issuing-acquiring-capital-expansion/738325/.
- ↑ "Highnote secures $90m Series B to expand into U.S. merchant acquiring". January 22, 2025. https://fintech.global/2025/01/22/highnote-secures-90m-series-b-to-expand-into-u-s-merchant-acquiring/.
- ↑ "The Future Of Payments: Fintech 50 2025". https://www.forbes.com/sites/martinacastellanos/2025/02/18/the-future-of-payments-fintech-50-2025/.
- ↑ "Forbes 2026 Fintech 50". https://www.forbes.com/lists/fintech50/.
- ↑ 12.0 12.1 "Highnote". https://highnote.com/.
- ↑ "Mastercard teams with fintechs on small business card". February 10, 2022. https://www.paymentsdive.com/news/mastercard-teams-with-fintechs-on-small-business-card/618549/.
- ↑ "Ferry and BJ's Restaurants launch payroll card powered by Highnote". https://thepaypers.com/payments/news/ferry-and-bjs-restaurants-launch-payroll-card-powered-by-highnote.
- ↑ "Highnote receives certification as a Visa card issuer processor". https://thepaypers.com/payments/news/highnote-receives-certification-as-a-visa-card-issuer-processor.