Rezolve Ai Acquires Reward for $230m to Accelerate Innovation in AI-Powered Banking and Commerce

Rhea-AI Summary

Rezolve Ai (NASDAQ: RZLV) acquired Reward for an all-cash $230 million on Feb 11, 2026, combining conversational commerce with commerce media to create an AI-driven, multinational commerce platform.

The deal pairs Reward's first-party transaction insights and bank/retailer relationships with Rezolve Ai's real-time conversational commerce to drive hyper-personalised, measurable spend-to-conversion journeys and support expansion into the Americas.

Positive

• Acquisition value of $230 million all-cash
• Combines commerce media with conversational commerce on one AI foundation
• Reward reported $2.5 billion returned to customers to date
• Established relationships with banks and retailers across UK, Europe, Middle East, Asia
• Platform built for multinational deployment to support global scale

Negative

• None.

Key Figures

Reward acquisition price: $230 million Customer value returned: $2.5 billion Charitable donations: $20 million +1 more

4 metrics

Reward acquisition price $230 million All-cash acquisition consideration paid by Rezolve Ai

Customer value returned $2.5 billion Amount Reward says it has returned to customers to date

Charitable donations $20 million Approximate donations to charitable causes by Reward

Staff shareholder rewards $30 million Value Reward reports distributing to staff as shareholders

Market Reality Check

Price: $2.59 Vol: Volume 22,244,030 is 0.65...

low vol

$2.59 Last Close

Volume Volume 22,244,030 is 0.65x the 20-day average 33,966,355, showing subdued trading ahead of this news. low

Technical Shares at $2.59 are trading below the 200-day MA of $3.40 and sit 69.35% under the 52-week high.

Peers on Argus

RZLV was down 4.07% while most close peers (NYAX, PRGS, CSGS, RAMP) showed gains...

RZLV was down 4.07% while most close peers (NYAX, PRGS, CSGS, RAMP) showed gains between 0.19% and 2.40%, and FLYW slipped 0.88%. Moves diverged from this stock, indicating company-specific factors.

Previous Acquisition,AI Reports

5 past events · Latest: Dec 01 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 01	Crownpeak acquisition	Positive	-10.5%	Announced EBITDA-accretive Crownpeak acquisition with ~$70M expected annual revenue.
Oct 09	Subsquid acquisition	Positive	-7.4%	Acquired blockchain data platform Subsquid to bolster AI-commerce data backbone.
Oct 07	Smartpay acquisition	Positive	-4.5%	Bought Smartpay assets to power global digital asset payment infrastructure.
Aug 18	SPAC anniversary	Positive	+13.6%	Marked one-year post‑SPAC, highlighting scale in GMV, transactions and MAUs.
Mar 26	GroupBy acquisition close	Positive	-1.4%	Closed GroupBy acquisition to enhance AI-powered search and product discovery.

Pattern Detected

Acquisition/AI and strategic expansion headlines have often been followed by negative next-day moves despite constructive framing.

Recent Company History

Over the past year, Rezolve Ai has used acquisitions and corporate milestones to build an AI‑commerce platform. Deals for GroupBy, Smartpay and Subsquid, plus the Crownpeak acquisition, expanded reach across payments, product discovery and data infrastructure. The Armada business combination anniversary highlighted scale metrics like processed GMV and user growth. Today’s Reward acquisition for AI‑powered banking and commerce fits this pattern of bolt‑on expansion to deepen its transaction and engagement stack.

Historical Comparison

acquisition,AI

-2.0 %

Average Historical Move

Historical Analysis

In the past 12 months, five acquisition/AI headlines for RZLV saw an average -2.03% next-day move, suggesting investors reacted cautiously to expansion deals.

Typical Pattern

Rezolve Ai has layered acquisitions like GroupBy, Smartpay, Subsquid and Crownpeak to extend its AI-commerce stack across discovery, payments, data and digital experience.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-10-17

Rezolve Ai has an active Form F-3/A shelf dated 2025-10-17, registering up to 37,000,000 Ordinary Shares for resale by existing holders. The company receives no proceeds from these secondary sales, but such resales can add supply and potentially influence trading dynamics.

Market Pulse Summary

This announcement details a $230 million all-cash acquisition of Reward, extending Rezolve Ai’s reac...

Analysis

This announcement details a $230 million all-cash acquisition of Reward, extending Rezolve Ai’s reach in AI-powered banking and commerce by pairing conversational commerce with commerce media and first-party transaction insight. It follows a series of prior acquisition,AI deals aimed at building an integrated commerce stack. Investors may watch for disclosure on integration progress, revenue contribution from Reward, and any further use of the active F-3/A resale shelf.

Key Terms

conversational commerce, commerce media, closed-loop measurement

3 terms

conversational commerce technical

"creating a first-of-its-kind combination of conversational commerce and commerce media"

Conversational commerce is selling and supporting products through real-time conversations on chat, messaging apps, or voice assistants, where customers can ask questions, get recommendations, and make purchases without leaving the conversation. It matters to investors because it can lower the friction and cost of sales, boost conversion and customer loyalty like a helpful salesperson in your pocket, and create data streams that signal faster revenue growth and scalability for companies.

commerce media technical

"combination of conversational commerce and commerce media"

Commerce media is the practice of combining advertising with shopping experiences, where ads are integrated directly into platforms where people buy or browse products. It allows brands to reach consumers while they are actively shopping, making advertising more targeted and effective. For investors, commerce media represents a way for companies to generate revenue by connecting advertising with transaction opportunities, potentially increasing profits in the digital marketplace.

closed-loop measurement technical

"conversion, with verified closed-loop measurement"

A closed-loop measurement is a system that continuously reads a variable, like a blood sugar level or temperature, and automatically uses that information to adjust an action, creating a feedback loop much like a thermostat that senses room temperature and turns heating on or off. For investors, closed-loop capability matters because it can improve product performance, reduce the need for manual intervention, increase regulatory scrutiny and potential market value, and create competitive differentiation or recurring revenue opportunities.

AI-generated analysis. Not financial advice.

• Rezolve Ai, a NASDAQ-listed global commerce and AI company, acquires Reward for $230 million all-cash, creating a first-of-its-kind combination of conversational commerce and commerce media

• The unique proposition set to accelerate innovation in AI-Powered Banking and Commerce - enabling brands to seamlessly move from discovery to real-time, hyper-personalised conversations through to conversion, with verified closed-loop measurement

• Built for global scale, the group leverages established bank and retailer relationships, with a multinational-ready platform to support worldwide adoption of AI-driven commerce

LONDON, Feb. 11, 2026 /PRNewswire/ -- Reward, a global leader in customer engagement and commerce media, today announces that it has been acquired by Rezolve Ai PLC (NASDAQ: RZLV), global provider of AI-driven commerce and payments infrastructure, for $230 million.

The acquisition brings together Reward's engagement, intelligence and activation capabilities with Rezolve Ai's conversational commerce and agentic AI platform to accelerate innovation in AI-powered banking and commerce.

Gavin Dein, Founder and Deputy Chairman of Reward, comments: "Reward is on a mission to make everyday spending more rewarding, returning more than $2.5 billion to customers to date, we've donated circa $20 million to charitable causes, and rewarded staff, past and present, with more than $30 million as shareholders. I'm immensely proud of what we've achieved at Reward and excited about what the team will continue to build as part of Rezolve Ai group."

AI-powered commerce journeys, from insight to conversion

For the first time, commerce media and conversational commerce are brought together on a shared AI foundation, enabling brands to move seamlessly from discovery and influence into hyper-personalised conversations that guide consumers through to transaction, with outcomes measured directly against real spend.

This is achieved by combining Reward's first-party transaction insight and trusted engagement channels with Rezolve Ai's real-time conversational commerce capabilities, connecting brands with banking customers at moments of purchase intent.

Daniel M. Wagner, Founder, CEO & Chairman of Rezolve Ai, said: "Reward is a profitable, scaled platform that sits directly at the heart of AI-driven commerce, already operating at scale, where discovery, engagement, transaction and loyalty converge. It materially advances our core AI commerce strategy by embedding Rezolve deeper into everyday consumer spend across banks, retailers and payment networks."

Scaled Platform Positioned for Global Adoption

With established relationships across global banks and retailers, a strong presence across the UK, Europe, the Middle East and Asia, and platforms designed for multinational deployment, Rezolve Ai and Reward are well positioned to support the scalable adoption of AI-driven commerce across retail, banking and embedded commerce environments worldwide.

The combined group also intends to leverage Rezolve Ai's market footprint in the Americas to support future expansion.

Jamie Samaha, Chief Executive Officer at Reward, added: "Becoming part of Rezolve Ai is a strong validation of our business performance and the unique value we deliver for our customers. Together, we're building a first-of-a-kind AI-driven commerce platform that brings millions of customers around the world to our global retail partners, converting browsing into measurable sales with hyper-personalised content at the moments that matter most, all while accelerating our international expansion as we look to the Americas."

About Reward

Reward is a global leader in customer engagement and commerce media, operating across more than 15 markets in the UK, Europe, the Middle East and Asia. Positioned at the intersection of banking and retail, its platform combines technology, data insight and digital marketing to deliver richer customer experiences, measurable sales growth and lasting loyalty.

Reward is backed by Experian and TransUnion, the world's leading data and technology institutions, and strengthened by a broad network of strategic partnerships with globally recognised brands.

On a mission to make everyday spending more rewarding, Reward has returned over $2.5 billion in cashback to customers to date, with a commitment to reach $4 billion by 2030. In 2026, Reward earned Great Place to Work® certification, a prestigious, employee-led accreditation reflecting its people-first culture.

For more information, visit www.rewardinsight.com.

About Rezolve Ai

Rezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite is the world's first enterprise AI platform built for Agentic Commerce, delivering advanced tools that harness artificial intelligence to power search, transact, fulfil, and personalize at global scale. For more information, visit www.rezolve.com. 

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SOURCE Reward

FAQ

What did Rezolve Ai (RZLV) announce on February 11, 2026 regarding Reward?

Rezolve Ai announced it acquired Reward for $230 million in an all-cash transaction. According to the company, the acquisition merges Reward's transaction insights with Rezolve Ai's conversational commerce to accelerate AI-powered banking and commerce and expand global reach.

How will the Reward acquisition affect Rezolve Ai's product offering and customers (RZLV)?

The acquisition integrates commerce media and conversational commerce into a single AI platform to enable hyper-personalised purchase journeys. According to Rezolve Ai, this connects brands to banking customers at purchase moments with verified closed-loop measurement of real spend outcomes.

Does Reward have existing scale and financial track record relevant to RZLV investors?

Reward is described as a profitable, scaled platform with prior customer engagement metrics. According to Rezolve Ai, Reward has returned $2.5 billion to customers and maintains strong retailer and bank relationships across multiple regions.

What geographic expansion does the Rezolve Ai and Reward combination target for RZLV?

The combined group targets global adoption across retail, banking and embedded commerce, with strength in UK, Europe, Middle East and Asia. According to the company, Rezolve Ai will leverage its Americas footprint to support future expansion into that market.

What investor impact did Rezolve Ai highlight from acquiring Reward (RZLV)?

Rezolve Ai said the deal materially advances its AI commerce strategy by embedding Rezolve deeper into everyday consumer spend. According to the company, the combination aims to convert browsing into measurable sales with hyper-personalised content at purchase moments.