PayPal Ventures announced this week it led an €18+ million Series A extension round for Pliant, a B2B credit card platform, to fuel its expansion into the UK and adjacent markets outside the EU. Pliant’s strong performance in 2023, doubling its annual revenues, and its ability to passport its Electronic Money Institution license to 25 countries across the EEA, has attracted the attention of investors, allowing the company to offer multi-currency capabilities and expand its go-to-market strategy with its cards-as-a-service product. With PayPal Ventures’ support, Pliant aims to continue its growth trajectory and enhance its position as a leading player in the B2B payment space.
PayPal Ventures Leads Pliant’s €18+ Million Series A Extension Financing
