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Extend: Raises $40M in Series B Funding | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Extend: Raises $40M in Series B Funding

Extend Raises $40M in Series B Funding

  • Extend Enterprises, a New York-based fintech startup, raised $40m in Series B funding
  • The round was led by March Capital with participation from B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo, and Pacific Western Bank
  • The company intends to use the funds to further develop its platform and expand its service offerings
  • The company provides digital payment infrastructure for financial institutions to enable modern card experiences
  • Banks, businesses, and other innovators can access virtual cards for their business, products, and clients
  • The company offers several products, including a suite of aggregated virtual card APIs, a digital corporate card app, and an industry-first card tokenization service

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