CleverCards, a Dublin-based firm, uses a digital platform linked to configurable expense cards to give companies control over how their employees use their corporate payment cards.
CleverCards CEO Kealan Lennon says his platform aims to tackle exactly that.
Lennon said that CleverCards' funding round stood out in what has been a brutal market for dealmaking and fundraising in fintech.
CleverCards will use the fresh funds to expand its business, scale its products and explore broader opportunities, it said.
In addition to the fundraise, CleverCards appointed five new non-executive directors to its board with experience in payments technology.
Persons:
Robert Half, Kealan Lennon, Lennon, CleverCards, CleverCard, It's, we've, Patrick Waldron, Donal Daly, Marc Frappier, Garry Lyons, Viktoria Otero del Val
Organizations:
CNBC, eBay, Accenture, Microsoft, Apple, Stripes
Locations:
Dublin, France, Adyen, Betfair, fintech