Highnote, a leader in modern card issuance and program management, secured $90 million in Series B funding led by Adams Street Partners to expand its unified payments platform into U.S. merchant acquiring, complementing its existing card issuance capabilities. The platform enables enterprises and B2B customers to seamlessly manage all pay-in and pay-out transactions on a single, API-driven solution, offering significant cost and operational efficiencies. The expansion positions Highnote as a leader in embedded finance, catering to SMBs and enterprises with innovative, scalable solutions that integrate payment processing, issuing, and financial management.

Highnote Secures $90 Million Series B, Announces Expansion into U.S. Merchant Acquiring