Rezolve AI Buys Reward Loyalty UK for $230M, Projects $90M EBITDA Boost
Rezolve AI finalized acquisition of Reward Loyalty UK for $230M in an all-cash, non-dilutive deal expected to be EBITDA-accretive. The acquisition is projected to add roughly $90M of EBITDA-accretive revenue for FY2025, and the company closed a $250M oversubscribed financing to fund M&A and global deployments.
1. Acquisition Deal Details
On February 10, Rezolve AI completed a $230M all-cash acquisition of Reward Loyalty UK Limited using existing cash reserves. The non-dilutive transaction requires no external financing and is expected to be immediately accretive to EBITDA.
2. Revenue and Platform Synergies
Rezolve projects the deal will contribute approximately $90M of EBITDA-accretive revenue in FY2025. Reward Loyalty’s platform reaches tens of millions of active cardholders through partnerships with Barclays, NatWest, Visa and Mastercard.
3. Strategic Integration
CEO Daniel M. Wagner highlighted that integrating Reward Loyalty advances Rezolve’s AI commerce strategy by embedding conversational commerce and personalized AI engagement deeper into retail, banking and payment ecosystems.
4. Financing and Use of Proceeds
On January 21, Rezolve closed a $250M registered direct offering that was oversubscribed, raising capital under an SEC-declared shelf registration. Proceeds will support disciplined M&A, global enterprise deployments, customer onboarding and infrastructure scaling.