Global Rewards
“Can a B2B virtual card platform turn corporate accounts payable into a cashback revenue stream for mid-market businesses?”
HQLakewood, NJ, USA
IndustryFintech / SMB banking
The story
Global Rewards is a Lakewood, NJ-based B2B corporate payment solutions provider focused on helping businesses automate disbursements and employee spend management. The company's core value proposition is turning accounts payable — traditionally a cost center — into a revenue stream via cashback on virtual card programs. By partnering with Galileo Financial Technologies in 2022 and leveraging The Bancorp Bank as a sponsor banking partner, the company positioned itself as an embedded payments infrastructure player for corporate clients seeking to eliminate check processing costs and capture interchange revenue.
Last 12 months
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Product timeline
2022
Global Rewards announced partnership with Galileo Financial Technologies to scale B2B payments, including single-use virtual cards and reloadable virtual/physical cards.· card
The stack
3 layers disclosed in Global Rewards’s embedded-finance stack
Banking / BaaS
Card issuing
in the full report
Sponsor bank
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.