Commerzbank to Launch Fully Digital Credit Card Solution for Businesses
Commerzbank plans to expand its credit card offering for business customers in Germany, adding a fully digital card with card management and usage features.
Pliant in the Press
PayPal Leads $19 Million Series A for B2B Card Platform Pliant
B2B credit card platform Pliant is planning to expand after raising $19 million.
Berlin startup Pliant adds €8M to Series A round and secures €100M debt facility
Berlin-based startup Pliant secures €8 million in additional funding, raising the total to €33 million. The firm provides corporate credit card services in 25 countries across Europe.
Berlin-based Pliant raises additional €8M in Series A extension round; also secures €100M debt facility
Berlin-based Pliant, a company specialised in making the latest generation of corporate credit cards, announced on Tuesday that it has raised €8M in a Series A extension round of funding, bringing the total Series A funding round to €33M.
Berlin-based Pliant extends Series A to €33 million and snaps €100 million in debt facility
Having started 2023 with the announcement of its Series A funding round, Pliant is closing the year with an extension that brings its total Series A to €33 million, the largest of any fintech in Germany. The new investment comes from Molten Ventures, joining existing Series A investors SBI Investment, Alstin Capital, and Motive Ventures. In addition, Pliant has secured €100 million in debt refinancing to solidify its financial position going into 2024.
Product Spotlight: Pliant’s Revolution in the Tech Space with CaaS
In our latest instalment of “Product Spotlight” by PL Talents, we delve into the realm of Cards-as-a-Service (CaaS) — a pioneering shift in the tech landscape that’s simplifying the way companies launch and manage card programs.
How to manage corporate credit cards effectively?
This week, our team went to meet Pliant CEO and Co-Founder Malte Rau to better understand how to manage corporate credit cards effectively.
Our press releases
Pliant Expands Refinancing Capacity to 200 Million Euro, Offering Credit Lines in 11 Currencies
Pliant announces a new strategic partnership with VVRB.
Pliant and Voxel partnership offers seamless payment processes
Pliant has partnered with Voxel, an Amadeus company, to fully integrate our virtual credit card solution with Bavel Pay, Voxel’s B2B payment solution. Together, we offer our customers an even better user experience than ever before. With this close cooperation we are combining two unique solutions for the travel market. Pliant is an industry leader for travel payments as a provider of virtual credit cards and Bavel Pay by Voxel is the B2B payment channel capable of implementing a fully digital end-to-end payment process, achieving an efficient, frictionless and error-free process.
Pliant and Conferma partner on innovative virtual travel payments
Pliant and Conferma have strategically partnered to expand the use of virtual cards for business travel payments, increasing access throughout Europe and enabling corporate customers to seamlessly connect and pay.
Commerzbank expands its credit card offering for business customers
Commerzbank AG is expanding its credit card range for business use.
Pliant announces an €18+ million Series A extension financing led by PayPal Ventures, bringing its total Series A financing to more than €50 million
Company will use the funding to fuel expansion into the UK and other markets outside the EU.
Pliant concludes a successful 2023 with a €33 million Series A extension and €100 million debt facility
Pliant’s Series A financing reaches €33 million upon securing an extension to its original €25 million financing making it the largest Series A in Germany in 2023. In addition, Pliant secured a €100 million debt facility to fuel its own EMI license in 25 countries and 11 currencies.
Pliant secures EMI license and Visa principal membership
Berlin-based fintech Pliant secures E-Money license in Finland and becomes a Visa principal member to facilitate ambitious European expansion.
Pliant raises $28 million in Series A funding round
Pliant announces another significant milestone with the successful completion of its Series A financing round, securing $28 million in capital from existing and new investors.
Caroline Jenke becomes Chief Legal Officer and authorised signatory at Pliant
Caroline Jenke has taken over the position of Chief Legal Officer and authorised signatory of the corporate credit card provider Pliant as of 1 March 2022 and is thus a member of the management. For the Klarna Group, Jenke accompanied the internationalisation process in more than a dozen European countries and created the legal basis for the licence-as-a-service offering for FinTecSystems.
Another milestone towards sustainable innovation: Creditreform companies rely on Pliant earth and Cozero
Getting started with climate protection is a major challenge for companies that have many fixed processes. Creditreform has been supporting this entry into climate protection with its CrefoGreen team for almost two years. Now the group of companies is relying on Pliant earth and Cozero.
Corporate credit card start-up Pliant expands to Austria
The corporate credit card startup Pliant is expanding to Austria, the first foreign market for the Berlin-based fintech. The target group consists especially of companies with high credit card spending, regardless of their number of employees. With its market entry, Pliant becomes the first credit card provider in Austria with fully digital card management, receipt collection and integration into accounting.
Pliant closes its seed round with 18 million euros
Only four months after announcing its first seed round, the Berlin-based corporate credit card provider Pliant closes with existing venture capitalists Alstin Capital, Main Incubator and Saber in the amount of €18 million.
Pliant gets $6.5 million seed funding from Alstin and other investors
Shortly after the market launch of Pliant, venture capitalists Alstin, Main Incubator, Saber as well as Seed+Speed invest 6.5 million dollars.
Berlin FinTech Pliant: First-ever corporate credit card for fully carbon-neutral travel
Climate protection instead of bonus miles - New Pliant earth credit card announced for climate-conscious companies: real sustainability made easy at no costs from July onwards.
Former Google manager Jens Quadbeck becomes CSO at credit card fintech Pliant
Jens Quadbeck, former Google EMEA Lead for Sales Strategy & Operations and previously active in various sales roles in Germany and at the Dublin European headquarters, is now Chief Sales Officer at the Berlin-based corporate credit card specialist. He brings years of experience in building sales and distribution partner teams in European markets.
Pliant and Visa launch Europe's first "Infinite Business" card on the German market
The new premium corporate credit card is tailored to the needs of German SMEs and companies with high turnover. Companies in Germany benefit from completely digital card management, seamless integration with accounting software, an unlimited cashback program and high spending limits.
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