B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s total Series A financing to north of $53 million. “We are excited to welcome PayPal Ventures as a new shareholder,...
Corporate card usage has surged in popularity, especially among small- to medium-sized businesses (SMBs) grappling with inflationary pressures and rising costs. However, despite this trend, the traditional financial services sector continues to hinder the widespread adoption of business credit cards, resulting in a mere 28%...
With more financial service providers positioning corporate cards in the market, interest in value-added functionality is on the rise. In addition to business users demanding functionality like automated spend data capture and expense management, the latest solutions to enter the business payments landscape often embrace...
While the commercial card continues to make waves in the U.S. as businesses broaden its use beyond travel and entertainment (T&E), other jurisdictions of the globe haven’t seen quite the same level of traction. In Germany, for instance, the corporate credit card is often more...
January 25, 2024
Corporate card usage has surged in popularity, especially among small- to medium-sized businesses (SMBs) grappling with inflationary pressures and rising costs. However, despite this trend, the traditional financial services sector continues to hinder the widespread adoption of business credit cards, resulting in a mere 28% of smaller SMBs having access to corporate credit cards. PYMNTS […]
June 21, 2024
Commerzbank plans to expand its credit card offering for business customers in Germany, adding a fully digital card with card management and usage features. The bank expects to launch this new offering in the third quarter, Commerzbank said in a Tuesday (June 18) press release. “With our new digital credit card solution, we enable our […]
April 17, 2024
B2B credit card platform Pliant is planning to expand after raising $19 million. The funding round, announced Wednesday (April 17) was led by PayPal Ventures and brings the Berlin-based Pliant’s total Series A financing to...
