Pliant, a Berlin-based fintech startup, has raised $28 million in a Series A funding round. The round was led by MS&AD Ventures, with participation from SBI Investment, ALSTIN Capital, Motive Ventures, neosfer, and finleap.

Pliant offers companies a digital credit card solution that maximizes flexibility and savings. The platform includes fully digital card and receipt management, a Pliant app, and physical and virtual cards with attractive cashback offers. Pliant guarantees seamless integration with existing finance and accounting software.

Pliant Earth, a feature offered by the platform, also allows customers to automatically offset travel-related CO2 emissions through certified providers.

The new funding will be used to expand Pliant's product offerings and grow its customer base. Pliant CEO, Florian Haagen, stated that the company aims to "revolutionize the way businesses manage their expenses and payments by providing a flexible, fully digital solution."

As the cofounder of Pliant said:

''Over the past ten years, my focus has been on bridging the gap between risk management and business development for numerous banks and fintechs within and outside Germany. My recent co-founding of Pliant aims to simplify the use of corporate credit cards and rectify the negative environmental impact of card incentives. At Pliant, we aim to solve the complexities of payments and lending, all while promoting sustainability through our Pliant Earth feature.''

For more information about the funding round, visit https://founderlodge.com/round/Pliant-raises-28000000-Series-A-2023-02-22-Malte-Rau-OTcxNg.