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Braid , formerly known as Next Communications, raises $38 Million to embed mobile connectivity into Banking and Airline Apps

Braid , formerly known as Next Communications, raises $38 Million to embed mobile connectivity into Banking and Airline Apps Finance

Founded in 2023 by Jignesh Dave and Mitesh Popat, Braid provides a single API that connects businesses to more than 600 mobile carriers across over 200 countries. Its platform enables nearly 90 enterprise customers to integrate SIM and eSIM connectivity into their apps and launch branded connectivity services without building their own telecom infrastructure.

The fresh capital will support international expansion, carrier network growth and infrastructure development. Braid aims to help businesses across travel, fintech, telecommunications and communities integrate mobile connectivity directly into their customer experiences.

Why It Matters

Embedded connectivity creates opportunities for banks, airlines and other enterprises to strengthen customer engagement, improve loyalty and explore new revenue streams. As eSIM adoption expands, platforms simplifying global connectivity could become increasingly valuable to businesses.

CXO TechBOT Perspective

Braid's funding highlights the growing potential of connectivity-as-a-service. For enterprise leaders, embedding digital services into existing customer journeys can create differentiated experiences while reducing technical complexity and accelerating market entry.