Pliant, a European FinTech specialising in B2B payment solutions, has raised $40m in a Series B funding round as it prepares to expand into the US market.
The round was led by Illuminate Financial and Speedinvest, with participation from existing investors PayPal Ventures and Motive Ventures. The latest investment brings Pliant’s total funding to over $100m.
Founded in 2020 and headquartered in Berlin, Pliant offers a modular, API-first platform that enables businesses to streamline their spending, improve cash flows, and integrate payments into their financial workflows. Its services are particularly valuable for industries with complex payment needs such as travel, fleet management, and financial software providers.
The company will use the new capital to fuel its US expansion, building the necessary talent base, infrastructure, and partnerships from the outset.
In addition to its expansion plans, Pliant recently acquired Austrian InsurTech hi.health, enhancing its expertise in the insurance sector. The acquisition aligns with its broader strategy of driving innovation and unlocking growth opportunities across diverse industries.
Speedinvest partner Tom Filip Lesche said, “Pliant is not just building a 10x better credit card product – they’re building the future infrastructure of corporate payments. We’ve been following Malte, Fabian, and their team for some time and I can’t think of another team that has consistently outperformed their ambitious plans year after year. We’re now proud to co-lead this Series B and partner with such an exceptional group on their journey to become a defining European fintech success story.”
Illuminate Financial principal Konstantin Koenig said, “B2B payments remain one of the most underserved and inefficient areas in global finance—still hindered by manual processes, opaque infrastructure, and slow settlement cycles. Pliant’s platform brings a much-needed layer of automation, flexibility, and intelligence to corporate payments, unlocking real value for modern businesses
“We’re backing a proven leadership team with deep domain expertise and clear product-market fit, and we’re excited to support them as they scale across new markets and categories.”
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