STUDIO LEGAL advises Pliant on its $ 40 million Series B Round

Our client Pliant GmbH has sucessfully raised a Series B financing round of ca. 40 million dollars. Illuminate Financial and Speedinvest led the financing round, which included new investors FuturePresent and TX Ventures as well as existing investors PayPal Ventures and Motive Ventures, among others. The investment brings the total funding to more than 100 million dollars.

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 European presence as well as enter into new markets.

Studio Legal has been closely advising the company since its first financing. Our team composed by Yamila Eraso, Julian Rindler and Ticio Sante (all venture capital) has supported the company and its management during the structuring, negotiation and successful execution of this Series B round.

Yamila Eraso

Yamila Eraso

Partner

Julian Rindler

Julian Rindler

Senior Associate

Ticio Sante

Ticio Sante

Associate

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