April 29, 2025
Berlin-Based Fintech Startup Pliant Raises $40M Series B to Fuel US Expansion
Berlin, Germany,—
Pliant, specializing in corporate credit card solutions, has secured $40M in a Series B funding round. Announced on April 28, 2025. The funding round was led by Illuminate Financial and Speedinvest, with participation from existing investors PayPal Ventures and Motive Ventures. The fresh capital will support Pliant’s ambitious expansion plans into the US market as it continues to scale its operations globally.
About Pliant
Founded in 2020 by Malte Rau and Fabian Terner , Pliant offers a corporate credit card platform designed to help businesses manage expenses related to advertising, business trips, and server costs. Unlike traditional cards that require specialized software, Pliant’s cards integrate seamlessly with standard applications and are ready for use within a couple of working days. The platform provides a web-based interface for limit management and real-time expense tracking, helping companies save time and grow without relying on rigid bank loans.
Purpose of financing
Pliant plans to use the new funds to fuel its expansion into the United States, invest in talent acquisition, and strengthen its technological infrastructure. With a strong customer base of over 3,500 businesses across Europe, the company aims to replicate its European success across the Atlantic by offering flexible and modern payment solutions tailored for fast-growing companies.
CEO’s Insights
Malte Rau, CEO and co-founder of Pliant said :
We are proud to have reached this milestone and grateful for the continued support of our investors. We have proven that our platform delivers real value at scale. With a strong foundation in Europe, we are ready to bring our solution to the U.S. market.
Investors Perspective
Tom Filip Lesche, Partner at Speedinvest, commented :
"Pliant is not just building a 10x better credit card product – they’re building the future infrastructure of corporate payments. We’re now proud to co-lead this Series B and partner with such an exceptional group on their journey to become a defining European fintech success story."
Konstantin Koenig, Principal at Illuminate Financial, added :
"B2B payments remain one of the most underserved and inefficient areas in global finance. Pliant’s platform brings a much-needed layer of automation, flexibility, and intelligence to corporate payments, unlocking real value for modern businesses."
Conclusion
With the Series B funding secured, Pliant is now poised to make its mark in the US, expanding its platform’s reach while maintaining its commitment to simplifying and modernizing business payments worldwide.
For updates, visit Pliant on LinkedIn.