The problem
Becoming a mobile provider means carrier deals, billing, compliance and support that tech brands can't build alone
What they do
Platform that lets fintechs and tech brands launch their own phone and eSIM plans
Traction Headcount ~28 to ~300 since 2021; powers Revolut, Klarna, Cash App, Nubank, Santander
Hiring trend
- Open roles
- 46
- Ops roles
- 4
- Headcount
- ~300
Headcount +52-68% YoY (~290-310, Crustdata/LinkedIn); open roles up sharply vs last year
Hiring in
- New York
- Amsterdam
- Berlin
Funding
- Last round
- $73M
- Stage
- Series B
- Date
- Dec 2024
Led by Ribbit Capital
- Hiring+246 open roles on the live job board (30+ roles = +2)
- Funding recency+0.5Series B · $73M, Dec 2024 (22 months ago): 12–24 months = +0.5
- Traction+1.5Strong growth: Headcount ~28 to ~300 since 2021; powers Revolut, Klarna, Cash App, Nubank, Santander
- Red flags0None found in the last 24 months
- Total4.02 + 0.5 + 1.5 − 0 = 4.0 → Tempo (3.5–4.24)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
The leading embedded-MVNO platform, with Revolut, Klarna, Cash App and Santander live and sticky billing and carrier plumbing; it still runs on carrier wholesale deals (AT&T, Vodafone), so not Marathon.
Sources: Gigs press: Cash App Mobile, Jun 2026 ↗ · Gigs press: AT&T partnership, Sep 2025 ↗ · Crustdata headcount, Sep 2026 ↗
Last checked Oct 25, 2026