Denmark based payments software startup Cardlay has announced a $4.81m Series A round led by SEB Venture and SEED Capital.
Cardlay, founded in 2016 by Jørgen Christian Juul, who previously founded Wallmob, provides tools for banks to manage payment cards, expense management, financial forecasting and a digital platform to increase customer engagement, loyalty and earnings. Cardlay’s platform allows banks to issue, load and manage payment cards in real time. The company didn't register revenues in the official books yet and lastly raised $4M at the end of 2016.