STUDIO LEGAL has advised Pliant on its EUR 18 Million Series A Extension Round

Our client Pliant GmbH has sucessfully raised a Series A extension financing round of more than 18 million euro. PayPal Ventures led the financing round, which included existing investors SBI Investment, Motive Ventures and Alstin Capital. The investment brings the total Series A funding to more than 50 million euro.

Pliant's Cards-as-a-Service (CaaS) product enables partner companies to launch their own credit card programs for their customers, thereby creating a new revenue stream and increasing customer loyalty. Pliant plans to use the funding to further expand its go-to-market strategy and development of this product in 2024.

Studio Legal has been closely advising the company since its first financing. Our team composed by Yamila Eraso, Dr. Benedict Murke and Inez Nuding (all venture capital) has supported the company and its management during the structuring, negotiating, drafting, and successfully execution of this Series A extension round.

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