Rezolve Ai names James House as CEO of Reward unit By Investing.com

Rezolve Ai names James House as CEO of Reward unit By Investing.com
Source: Investing.com

NEW YORK - Rezolve Ai (NASDAQ:RZLV) announced today the appointment of James House as Chief Executive Officer of Reward, its banking and commerce media business.

House brings over 25 years of experience in technology and data, having held senior leadership positions at Mastercard and BNP Paribas. He previously served as Chief Commercial Officer of Reward before Rezolve's acquisition of the company.

As CEO, House will focus on expanding Reward's international presence, growing its Finance Media Network and accelerating growth in the United States, Europe and the GCC region, according to a press release statement.

Reward operates a platform within financial and retail ecosystems, maintaining relationships with NatWest, Visa and Barclays, as well as brands including Amazon, McDonald's and Asda. The platform operates in more than 15 markets across the UK, Europe, the Middle East and Asia.

The company states it has returned over $2 billion in cashback to customers and has set a target of $4 billion by 2030.

Daniel M Wagner, Founder, CEO and Chairman of Rezolve Ai, said House "has built and scaled technology and data businesses globally" and "knows this business well."

House stated that Reward "has built a powerful platform with strong market positions" and that as part of Rezolve Ai, the business now has "the backing, ambition and broader AI commerce vision to accelerate that growth significantly."

The appointment follows Rezolve Ai's acquisition of Reward as part of its strategy to build a platform spanning discovery, engagement, loyalty, payments and transaction intelligence.

Jamie Samaha will step down from the CEO role on May 31, 2026, having held the position since 2023.

In other recent news, Rezolve AI reported its 2025 revenue at $46.8 million, a significant increase from nearly no sales in 2024. The company has raised its 2026 revenue guidance to $360 million, up from the previous estimate of $350 million. Roth/MKM adjusted its price target for Rezolve AI to $9.50 from $12.50, despite maintaining a Buy rating, and increased its 2026 revenue estimate to $348 million. H.C. Wainwright also reiterated a Buy rating with a $12.00 price target following the company's operating results. Meanwhile, Rezolve AI announced the integration of its brainpowa commerce-tuned model suite into Microsoft's AI Foundry. This integration places Rezolve AI alongside other foundational model providers within the Foundry ecosystem. Additionally, DBLP Sea Cow Limited, linked to Rezolve AI's CEO, acquired 9 million shares of the company through direct issuance and private transactions. These developments reflect ongoing strategic and financial activities within the company.