Blackhawk Network Holdings

Blackhawk Network Holdings

Gift card distribution network for retailers

Overview

Blackhawk Network builds a B2B gift-card distribution network that places third-party gift cards in grocery stores and other retailers, turning checkout lanes into a sales channel. Brands sell gift cards through Blackhawk’s network, available in physical form in stores and as digital cards. The company also offers digital gift cards, corporate incentives, and payment processing services to support brands and retailers. Its goal is to help brands reach more customers and increase gift card sales by embedding gift card options in everyday shopping, both in-store and online.

About Blackhawk Network Holdings

Simplify's Rating
Why Blackhawk Network Holdings is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$2.3B

Headquarters

Pleasanton, California

Founded

2001

Get referred to Blackhawk Network Holdings

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • TikTok Shop launched Blackhawk digital gift cards in May 2026, adding a new channel.
  • January 2026 Mastercard prepaid rewards broadened redemption toward fuel, EV charging, and groceries.
  • Blackhawk's July 2026 benchmark shows brands optimizing AI discovery and purchase flows.

What critics are saying

  • The February 2026 $2.27 billion refinancing leaves Blackhawk dependent on lenders and fee savings.
  • Bloomberg Law's January 2026 go-private suit challenges Silver Lake's 2024 buyout.
  • TikTok or retailers can internalize gift-card distribution and bypass BHN's intermediary role.

What makes Blackhawk Network Holdings unique

  • Blackhawk reaches 19,000 brands through retail and digital gift-card distribution across 2026.
  • Its April 2026 stored-value platform bundles refunds, loyalty, credits, and gift cards.
  • June 2026 TikTok Shop integration embeds BHN inside discovery-commerce checkout.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$2.3B

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

401(k) Company Match

401(k) Retirement Plan

Health Insurance

Dental Insurance

Vision Insurance

Paid Holidays

Paid Sick Leave

Parental Leave

Life Insurance

Disability Insurance

Wellness Program

Unlimited Paid Time Off

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Business Wire
May 12th, 2026
Blackhawk Network launches digital gift cards on TikTok Shop as social commerce hits $700B

Blackhawk Network has launched digital gift cards within TikTok Shop, allowing users to purchase gift cards for leading brands without leaving the app. The integration enables users to buy digital gift cards alongside physical products in a unified shopping experience. The move creates a new distribution channel for brands on TikTok, where social commerce revenues reached $700 billion in 2024 and are projected to exceed $1 trillion by 2028. BHN connects 19,000+ brands to the platform and enables creators to link gift cards to featured products in their content. "Gift cards give consumers a way to act on intent without committing to a specific product," said Brett Narlinger, BHN's chief revenue officer. The company designed the experience to feel native to TikTok, with seamless checkout integrating digital and physical products.

Cahill Gordon & Reindel LLP
Feb 24th, 2026
Blackhawk Network secures $2.27B repriced credit facility from lead arrangers

Cahill represented the lead arrangers in Blackhawk Network Holdings' refinancing of its credit facilities, totalling $2.27 billion. The transaction included a repriced Term B credit facility of $1.87 billion and a repriced revolving credit facility of $400 million.

Business Wire
Feb 1st, 2024
Blackhawk Network Signs Agreement to Acquire Tango Card

To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) today confirmed that it has entered int

Business Wire
Jan 31st, 2024
Blackhawk Network Signs Agreement To Acquire Tango Card

PLEASANTON, Calif.--(BUSINESS WIRE)--To further enhance the power of its global rewards platform, branded payments provider Blackhawk Network (BHN) today confirmed that it has entered into a definitive agreement to acquire digital B2B gift card rewards innovator Tango Card (Tango). “Tango pioneered the digital-first reward experience through its powerful API, coupled with world-class service and exceptional breadth of global content, making it the perfect complement to BHN’s global product portfolio,” said Talbott Roche, CEO president, BHN. “We have been a longtime partner to Tango and were also an early investor. We are thrilled with the opportunity to combine the best of BHN with the best of Tango to provide leading, global, scalable solutions and innovation to the rewards and incentives industry.”. This strategic acquisition allows customers of BHN and Tango to experience Tango’s innovative B2B incentives platform and customer support, magnified by the industry-leading scale, global connectivity and expertise of BHN

PYMNTS
Nov 11th, 2020
Blackhawk Network Buys National Gift Card

Global branded payments provider Blackhawk Network has acquired National Gift Card, one of the biggest North American prepaid tech and card companies, according to a press release emailed to PYMNTS.

Recently Posted Jobs

Sign up to get curated job recommendations

Blackhawk Network Holdings is Hiring for 26 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →