Making "bring-your-own-card" experiences easier for software companies, Astrada has closed a $3.8M Seed funding round. The 2024-launched startup, which offers a unified API for transaction data, aims to help companies build richer spend experiences by enabling workflows on existing card programs.
The investment round saw participation from a strong roster of financial industry backers, including Bain Capital Ventures (BCV), QED Investors, Nyca Partners, Visa, and Mastercard. Astrada was founded by experts in payments, card issuing, financial infrastructure, and SaaS, positioning it to tackle data fragmentation complexities.
