logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Kard Raises $23M Series A To Power Card Rewards Following A Year Of Significant Growth

Apr 28, 2022•over 3 years ago

Amount Raised

$23 Million

Round Type

series a

Description

Kard, the rewards-as-a-service API that connects modern card issuers to the brands their cardholders love, announced today that it has raised a $23 million Series A round led by Tiger Global. Also participating in the round are Fin Capital, s12f, and existing investor Underscore VC, which led Kard's Seed round; as well as a number of strategic angel investors. Kard will use this round to expand its merchant network and product suite, as well as bolster hiring efforts across all departments, including engineering, product, sales, and account management.

Company Information

Company

Kard

About

Kard will use this round to expand its merchant network and product suite, as well as bolster hiring efforts across all departments, including engineering, product, sales, and account management. Unlike other rewards platforms, Kard enables issuers to build unique rewards and loyalty experiences quickly and easily, by leveraging Kard's APIs and network of retail and merchant partners. Kard is the first rewards platform that specifically services the entire spectrum of card issuers, including traditional banks, neobanks, banking-as-a-service providers, and the broader fintech market — anyone building a unique card experience.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech