KleerCard has raised $2.3M in seed funding, a bet that small businesses and non-profits want more control over their corporate plastic than traditional issuers typically allow. The payments startup’s pitch is straightforward: give organizations the ability to issue their own corporate credit cards and manage them end-to-end, rather than relying on a bank’s one-size-fits-all product.
The round’s backers weren’t disclosed, but the capital gives KleerCard runway to build out its platform as it targets a niche that’s often underserved by bigger players. For a company whose entire premise is handing control to the cardholder, the funding is a validation that the market sees room for a more flexible alternative.
