From Yahoo Finance: 2025-04-29 07:44:00

B2B payment solutions provider, Pliant, secures $40m in Series B funding round led by Illuminate Financial and Speedinvest. Total funding now exceeds $100m with contributions from PayPal Ventures and Motive Ventures. Pliant reports triple-digit revenue growth, serving 3,500 businesses in Europe. Plans to expand to the US market with recent acquisition of Austrian insurtech hi.health. CEO Malte Rau expresses gratitude for investor support. The company will use funding to hire talent, enhance infrastructure, and extend partner network for broader payment use cases. Holds EMI licence and can issue Visa-powered credit cards in 11 currencies across 30 countries. Focuses on optimizing payment processes for businesses and financial entities.



Read more at Yahoo Finance: B2B payments firm Pliant raises $40m in Series B financing