Dublin-based CleverCards raises €8 million to double down on its global digital payments platform
Summary
As the company prepares further expansion, it has also strengthened its Board of Directors with five new non-executive members, with vast experience in successfully scaling payments technology on a global level. Kealan Lennon, CEO and founder of CleverCards, commented: “The growth we have experienced in the past two years has been formidable, and this investment round is a show of confidence in our trajectory. Pluxee’s investment is a significant endorsement of our vision and strategy as we push forward in our mission to transform digital payments globally. Their belief in our potential to innovate and connect the digital economy across borders is energising.” CleverCards’ B2B customers and cardholder base are driving expansion, due to market needs left unfulfilled by traditional financial institutions. The partnership with Pluxee aims to not only help CleverCards’ scale its employee and social welfare benefits products but also positions the company for broader opportunities.