STUDIO LEGAL has advised pliant on its Series A Financing Round
Our client infinnity financial technologies GmbH, owner of pliant, has raised a 26 million Euro Series A financing round, a 2023 record for fintech funding. The investment was led by Japanese investor SBI Investment, with participation of MS&AD Ventures, and joined by current investors Alstin Capital, embedded and neosfer.
Pliant offers a digital corporate credit card in virtual and physical forms as well as a management platform that provides companies with a seamless integration to their existing financial and accounting management tools. In addition, pliant offering includes enabling other B2B financial partners to incorporate these digital credit cards into such partners’ existing product offerings. The company intends to use the funds to expand operations into new markets.
Our team has advised the company since its first funding round, and has now actively supported in the structuring, negotiation as well as drafting and successful closing of this Series A round.
Pliant was advised by Yamila Eraso and Inez Nuding (each Venture Capital), as well as Maria Höricke and Elisa Kübler (each IP).