Paris, France - April 25, 2023 - Mooncard, the leading SaaS solution for business expenses and corporate spend management, announced today the successful completion of its Series C funding round, raising an impressive $40.7 million. The investment round was led by prominent venture capital firms Partech, Portage, Orange Ventures, BlackFin Capital Partners, AGLAÉ VENTURES, and Raise Ventures.

Mooncard's founder, Pierre-Yves Roizot, expressed his enthusiasm for the funding, stating, "We are thrilled to have the support and trust of our investors as we continue to innovate and redefine expense management for companies of all sizes. This funding will enable us to further enhance our platform and expand our reach, empowering employees to streamline their expense reporting process and drive efficiency within their organizations."

Mooncard's cutting-edge platform simplifies the daily lives of employees by automating expense reports through the use of smart payment cards seamlessly integrated with accounting and management software. By leveraging the VISA network, Mooncard's secure and 100% configurable payment card allows users to make company expenses online or in person, anywhere in the world. Additionally, every Mooncard includes Allianz insurance as a standard feature, providing peace of mind for businesses.