Cardless, a fintech leader specializing in co-branded credit cards, has secured $30 million in funding led by Activant Capital, bringing its total equity funding to over $90 million. The company has achieved significant growth, including a fivefold increase in Annual Recurring Revenue (ARR) over the past year and partnerships with major brands like Qatar Airways and Alibaba. The funds will support expansion into new markets, hiring, and further innovation in its co-branded credit card solutions, which leverage cutting-edge technology for seamless customer experiences across consumer and SMB sectors.
Cardless Raises $30 Million in Latest Funding Round, Backed by Leading Fintech VCs