Pliant, a Berlin, Germany-based company which specializes in API-based solutions and credit card services, raised additional €8M in Series A funding.
Molten Ventures joined SBI Investment, Alstin Capital, and Motive Ventures.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Malte Rau, Since 2020, Pliant provides companies with app and API-based solutions which give companies the ability to issue physical and virtual credit cards, automate payment processes, track spending, and integrate all of these data into their finance stack.
With the extension, Pliant’s Series A financing reaches €33M upon securing an extension to its original €25M financing making it the largest Series A in Germany in 2023. In addition, Pliant secured a €100M debt facility.
FinSMEs
16/01/2024