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Privacy.com raises $10.2m in Series A funding

New York based virtual card payment startup raised $10.2m in Series A funding led by Teamworthy Ventures.

Privacy.com’s chief executive Bo Jiang told TechCrunch that the new funds will help the company launch its new Card Issuing API — in beta testing for the past year — allowing corporate customers to issue virtual cards and manage expenses for their employees in their own back-end systems. “We’re the first company that allows developers to see upfront, transparent revenue sharing and sign up and create cards programmatically the same day,” he said.

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new york city, credit cards, payments