Berlin-based Pliant has raised a $28M Series A to expand its corporate credit card solution.
Over 40 million retailers accept its product.
- The
company’s card management platform allows its users to set different
card limits that give them more time to pay back debt, real-time
reporting, integration with travel platforms, etc.
- It claims it grew its client list by 600% in 2022 compared to 2021.
- Pliant offers Visa physical and virtual credit cards.
- Its customers can choose between Blue (Visa Platinum Business) and Black (Visa Infinite Business) credit cards.
- SBI Investment led the funding round with participation from Alstin Capital, Motive Ventures, neosfer, and MS&AD Ventures.
- Pliant’s Series A round is the largest fintech funding round in Germany so far in 2023.