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Pliant is a Berlin fintech that provides businesses with corporate credit cards. The startup just raised a $28 million Series A, which was led by SBI Investment. Pliant is a Berlin fintech that offers small and midsize businesses corporate credit cards. The company now has a five-figure number of credit cards in circulation across more than 1,500 small and midsize businesses, Rau added. It recently raised a $28 million Series A financing round, which was led by the Japanese venture-capital firm SBI Investment.
Sumit Kumar, a 34-year-old coder from Hamburg, Germany, quit his $300,000-a-year job at Stripe. He left in May 2022 to build his startup Parqet, a financial platform he started as a side project. He told Insider why walking away from his job to pursue his own business was the right choice. Sumit Kumar, 34, quit his 300,000 euro, which is around $300,000, job as a solutions architect at the fintech Stripe to build his own financial platform. Kumar said he's planning to focus on Google Ads, which he hopes will arouse new interest among investors as he's no longer completely ruling out funding rounds.
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