Pliant raises $80M Series C led by Seaya Nova

Pliant said it has raised an $80 million Series C in a round announced from Berlin on November 4, 2026, with Seaya Nova and Speedinvest leading the financing. The company said Illuminate Financial, Motive Partners and Molten Ventures also participated. Axios separately reported the deal and Molten Ventures confirmed its investment, while YPOG later said Citi Ventures also took part.

The funding gives Pliant more capital to push beyond its core European footprint. In its announcement, the Berlin-based company said the new money will support expansion in the United States and Canada, preparation for entry into additional international markets, and acceleration of its AI roadmap. Pliant also characterized the round as oversubscribed.

What does Pliant sell?

Pliant describes itself as a modular B2B payments platform that combines commercial card issuing, payment accounts, FX and spend management for businesses and AI agents. The company said it serves businesses and partners across Europe and North America, with customers including travel, insurance and AI-native companies as well as banks, fintechs and software platforms.

Pliant said it was founded in 2020 and is headquartered in Berlin. The company said it is a principal member of Visa and Mastercard and issues commercial cards in 13 currencies across 32 countries under its European e-money license and through regulated partners in the UK and US. It also said it processes billions of dollars in annual payment volume.

Why are investors backing it now?

Pliant pointed to recent operating momentum, saying it has doubled its business in each of the past three years and recently surpassed $100 million in annual recurring revenue. The company said its own AI agents already automate recurring finance work for customers, and that the new capital will deepen its capabilities in agentic payments and workflows.

CEO Malte Rau said Pliant was built as an API-first modular B2B payments platform and has adopted AI deeply in both product and operations. Seaya Nova partner Vinoth Jayakumar said the founders, Malte Rau and Fabian Terner, have positioned the company across Europe and North America. Fintech Futures also described Pliant as a German B2B payments platform and said the round supports its North American expansion.

What did the lead and follow-on investors say?

Molten Ventures said it invested in Pliant’s Series C and identified Seaya and Speedinvest as the lead investors. The firm said it had followed Pliant for several years before investing, and described the company as tackling B2B payment complexity such as connecting fragmented systems, underwriting credit, onboarding customers, reconciling transactions and operating across borders and legal entities.

Molten Ventures said Pliant addresses those problems with an API-first platform, proprietary technology, regulatory licences and in-house credit underwriting. It also said Pliant serves finance teams directly and powers products offered by banks and software platforms. Molten added that banks and software platforms want to offer commercial payment products without building the full stack, and that Pliant provides modular infrastructure across Europe, the UK and the US.

YPOG said it advised Seaya Nova and Molten Ventures on the financing and reported that Citi Ventures also participated alongside Illuminate Financial and Motive Partners. The law firm also said Pliant specializes in modular B2B payment solutions and corporate credit cards.

What happens next for Pliant?

Pliant said the fresh capital will be used to expand in the US and Canada, enter additional international markets and accelerate its AI roadmap. The company did not disclose a detailed product roadmap in the announcement, but said it is opening its commercial payments infrastructure to AI agents.

Molten Ventures said the new capital will support growth across the US and Canada, preparation for further international markets and deeper agentic-payment capabilities. Pliant said its own AI agents already help customers automate recurring finance work at scale, and that it intends to deepen those capabilities further as it builds out agentic payments and workflows.