Pliant, a Berlin-based fintech specializing in B2B payment solutions, has raised $40M in a Series B funding round led by Illuminate Financial and Speedinvest, bringing total funding to over $100M. The funds will help invest in talent and infrastructure as they expand operations, particularly into the U.S. market. Recent partnerships, including one with Commerzbank, have allowed Pliant to reach more customers and adapt to various payment needs. Additionally, Pliant acquired Austrian Insurtech hi.health, broadening its expertise in the insurance sector.
Pliant has secured $40M in Series B funding to enhance its B2B payment solutions, expanding its team and infrastructure to support growth.
CEO Malte Rau emphasized the importance of this funding round, stating it validates Pliant’s value proposition as they prepare to enter the U.S. market.
Recent partnerships, like one with Commerzbank, have enabled Pliant to broaden its customer base and enhance payment offerings for varied use cases.
With the acquisition of Austrian Insurtech hi.health, Pliant plans to leverage its payment expertise in the insurance sector, tapping into new opportunities.
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