Incard, a London-based company specializing in financial solutions for high-growth digital companies, secured a £10 million round of Series A funding led by Smartfin. The company offers a platform custom-built to serve the unique financial workflows of organizations that have historically been underserved by the business banking sector.
Incard’s comprehensive operating system helps businesses centralize their finances and includes tools for real-time cash-flow visibility and spending insights. It also encompasses features like cashback on essential business expenses.
“We have built a control layer for the financial stack of high-growth digital companies, and we’re now focused on bringing this system to more businesses so they can manage, automate and optimize their finances,” Theo Cesarini, Incard’s CEO, said in a statement.
Backed by its new capital, Incard will focus on geographic expansion, extending its platform into new markets across Europe and the U.S. It will also invest in building out its product capabilities to enhance automation and its AI-driven financial workflows. Incard will spend the remainder of the funding on growing its workforce, prioritizing its engineering, compliance and product development teams.
