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Runa
Runa is a payouts infrastructure firm founded by Aron Alexander in 2016; its API connects 3B+ bank accounts across 190 countries.
Runa
Runa launched in 2016 as WeGift, an API-first platform created by Aron Alexander to remove the friction from digital rewards and disbursements. The business rebranded to Runa in 2023, reflecting a scope that had expanded well beyond gift cards. Today it operates as a global payouts infrastructure company, stitching together a proprietary network that spans digital gift cards, prepaid Visa and Mastercard issuance, and push-to-card transfers through Visa Direct and Mastercard Send. Runa’s platform consolidates dozens of payout methods into a single contract and integration. Its network covers over 190 countries and connects to more than 5,000 retail gift card endpoints, prepaid card programs, and direct-to-bank rails across 160-plus payout currencies. The firm supports corporate disbursement use cases — cashback, incentives, rebates, rewards, and member discounts — and counts VoucherCodes, Pluxee, and YuLife among its published clients. The platform maintains sub-second delivery times and 99.999% uptime, processing billions in payout volume each year. The company operates from headquarters in London and offices in New York and Sofia, with a remote workforce across Europe and North America. Its executive team includes CFO Dynshaw Italia and CTPO Paul Wilson, who bring experience from Rapyd, Hyperwallet, and Soldo. Runa emphasizes a developer-first posture: a single API embedding enables payouts to be loaded, sent, and reconciled within hours, a timeline it claims eliminates over 1,000 hours of manual work a year for operators such as VoucherCodes. Runa is structured as a technology provider rather than a licensed financial institution, positioning itself as the middleware that creates liquidity across otherwise disconnected payment types. It holds ISO 27001 certification and layers bot mitigation and multi-layer fraud protection on top of its API to service enterprise clients that require redundancy and compliance without building the underlying infrastructure themselves. This architecture makes it fundamentally a rails business — it does not hold customer funds or issue regulated financial products directly — a distinction that shapes its risk profile and regulatory obligations relative to licensed money transmitters.
General information
Firm type
Asset Manager
Year founded
2016
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
21-33 Great Eastern St, 5th Floor, London EC2A 3EJ, United Kingdom
Additional offices
New York, NY, United States · Sofia, Bulgaria
Principals
Aron Alexander
CEO
Dynshaw Italia
CFO
Paul Wilson
CTPO
Sector focus
Frequently asked questions
Who runs product and technology at Runa?
Paul Wilson serves as Chief Technology and Product Officer, overseeing the platform's engineering and product roadmap. The executive team also includes CEO Aron Alexander, who founded the business in 2016, and CFO Dynshaw Italia. Collectively they bring experience from category-defining payments companies including Rapyd, Hyperwallet, and Soldo.
Does Runa operate as a licensed financial institution?
No. Runa is a technology infrastructure provider, not a bank or licensed money transmitter. Its platform acts as middleware that connects businesses to a network of payment endpoints — gift cards, prepaid cards, and push-to-card rails — without holding customer funds or issuing regulated financial products directly. This architecture limits its direct regulatory exposure but means it relies on licensed partners for fund flows.
How did the company originally start?
Runa was founded in 2016 as WeGift, an API-first platform that let businesses send digital gift cards programmatically. The company rebranded to Runa in 2023 when its product scope expanded to include prepaid cards, bank-account transfers, and a multi-rail payout network. The shift reflected its evolution from a rewards tool to a broader payouts infrastructure business.
What payment methods does Runa's network support?
Runa supports digital gift cards from over 5,000 retail merchants across 45 countries, push-to-card transfers to bank accounts in more than 190 countries via Visa Direct and Mastercard Send, and customizable reloadable prepaid Visa and Mastercard programs. The platform handles more than 160 payout currencies and originates funds in over 30 currencies.
Which types of businesses use Runa, and for what purpose?
Enterprise clients use Runa for consumer disbursements, cashback programs, sales incentives, rewards and recognition, member discounts, and rebates. Published clients include VoucherCodes, employee benefits platform Pluxee, and life insurance firm YuLife. Runa claims replacing fragmented payout vendors with its single API can reduce total cost of payouts and eliminate manual reconciliation work.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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