Silicon Canals
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content
No Result
View All Result
Silicon Canals
No Result
View All Result

Berlin-based B2B credit card platform Pliant raises €26M from SBI Investment, others: Know more

Editorial team by Editorial team
February 20, 2023
in (Crowd)funding, FinTech, News, Startups
Pliant

Image credits: Pliant

29
SHARES
LinkedInTwitterWhatsAppFacebook

Berlin-based Pliant, a B2B credit card platform, announced on Friday, February 17, that it has raised $28M (approximately €26M) in a Series A round of funding led by Japanese fintech investor SBI Investment.

Existing investors Alstin Capital, Motive Ventures, and Commerzbank’s early-stage fund neosfer, as well as new investors MS&AD Ventures, also participated in the round. 

- Partner content -
HR
Most important HR trends of 2023
HR has a lot of challenges to face in 2023. Find out what they are and how to deal with...Show More
HR has a lot of challenges to face in 2023. Find out what they are and how to deal with them. Show Less
Read more

The German company says it intends to deploy the funds to deepen and expand the technical capabilities of its B2B credit card platform and to expand its go-to-market approach across additional geographies. 

“Winning SBI Investment as an experienced fintech investor to lead the round is a great validation of our approach,” says Malte Rau, co-founder of Pliant. 

Pliant: Offers corporate credit cards

Founded in 2020 by Malte Rau and Fabian Terner, Pliant offers modern corporate credit cards. 

The company’s card management platform allows for flexible setting of card limits, real-time reporting, and can integrate with existing setup of accounting and travel expense management tools and processes. 

The German company offers Visa credit cards, both virtual and physical. 

In the case of physical cards, customers can choose between Blue (Visa Platinum Business) and Black (Visa Infinite Business credit cards). 

Pliant says it is neither a prepaid nor a debit card and, therefore, is bank account independent and does not need to be charged in advance.

The company claims that its Visa cards are accepted by over 40M online and offline retailers in over 200 countries.

The Investors

SBI Investment is a venture capital firm based out of Japan. The VC has invested a total of 1,120 companies, both domestic and overseas, of which 190 companies have successfully become public through IPOs or were acquired by third parties through M&As.

Yoshitaka Kitao, Representative Director, Chairman, and President of SBI Investment, says, “Pliant’s vision and unique go-to-market have convinced us that Pliant has the potential to become a dominant B2B card provider.”

Ramin Niroumand, Partner at Motive Partners, says, “The strong growth throughout the year, combined with the high level of modularity of the product suite, are reasons that Pliant was able to raise such a significant series A round, despite the current market environment.” 

Noel Zeh from Alstin says, “Since our initial ticket in August 2021 Pliant continuously impressed us with its enormous growth. We – and this is also shown by their exceptional customer retention – are convinced, that Fabian, Malte, and their team are on the right way to build the #1 B2B card provider.”

 - Partner content -
How to improve your open source security?
How to improve your open source security?
Follow these three steps and get on the path to stronger security practices.Show More
Follow these three steps and get on the path to stronger security practices.Show Less
Read more
Tags: FinTechfundingnewsstartups
Share2Tweet7SendShare12

Featured | Tech Events

Current Month

june, 2023

Current Month

november, 2023

Advertise with us | Schedule meeting

Thank you for visiting Silicon Canals! If you want to advertise with us, schedule a meeting.

Silicon Canals | Jobs


Partner content | Work with us

Platform for creatives: How Creative Fabrica is combining graphics and AI to bring creators together

ExCulture and Plense Technologies winners of the Philips Innovation Award 2023

Meet Techleap.nl’s Ingrid Tappin, the champion of Dutch tech ecosystem’s diversity and inclusion efforts

Breaking news from Amsterdam | Partner

Amsterdam’s Dayrize raises €4M to help assess environmental & social effects of consumer goods

Amsterdam’s Rubio Impact Ventures and StartLife unite to foster impactful agrifood startups; here’s how

Amsterdam-based WPCS raises funds to transform WordPress into a scalable WaaS and SaaS platform

  • About Silicon Canals
  • Partner with Silicon Canals
  • Impressum
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Exclusive content
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Free Personio whitepaper
    • Guest Contributions
    • Newsletter
    • Partner content
  • Global Jobs
  • Tech Events
  • Partner with us
  • Contact
    • Contact us
    • About us
    • Team
    • Contribute your content

Silicon Canals © 2014-2023 | Design: Bright Idiots. Images: Depositphotos

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
X
X