Pliant, a European fintech specializing in B2B payment solutions, today announced it has raised a $40 million Series B equity round. This brings Pliant’s total funding to over $100 million. Pliant has a strong foundation in Europe and will use the Series B capital to fuel its expansion to the U.S.

The financing round is led by Illuminate Financial and Speedinvest, with existing investors including PayPal Ventures and Motive Ventures participating. Pliant’s Series B demonstrates continued investor confidence in the company’s long-term growth and strategic vision.

"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." — Tom Filip Lesche, Partner at Speedinvest.

“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,” said Konstantin Koenig, Principal at Illuminate Financial. “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.”

Founded in 2020, Pliant’s momentum is fueled by consecutive years of triple-digit revenue growth. Serving 3,500 businesses across Europe, Pliant’s mission is to simplify business payments through a modern payment platform that adapts to the needs of fast-growing and globally operating companies across industries.

The company has seen strong momentum in sectors like travel, cards as a service, and banking, and is now executing a clear strategy to apply its expertise in payment processes to a broader range of industries. As part of this strategy, Pliant recently acquired the Austrian Insurtech hi.health, enabling the company to apply its payment expertise to the insurance sector while gaining valuable industry-specific know-how. This step supports Pliant’s broader plan to drive innovation through targeted acquisitions and unlock new growth opportunities.

“We are proud to have reached this milestone and grateful for the continued support of our investors. We have proven that our platform delivers real value at scale. With a strong foundation in Europe, we are ready to bring our solution to the U.S. market.” — Malte Rau, CEO and co-founder of Pliant.

To scale globally, Pliant is investing in the talent and infrastructure needed to support its growth, with the team expected to exceed 200 people in the near future. The company is also expanding its network of partners. Recent collaborations such as the partnership with Commerzbank have helped Pliant reach more customers and support a wider range of payment use cases. As it expands to the U.S., Pliant plans to build the right team, partnerships, and infrastructure from day one.