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Moss valued at over €500 million after Series B: Berlin FinTech on its way to achieving unicorn status
Moss in the press
The customer is given access to Moss' payment platform, where they can order as many physical and virtual credit cards as they want for their employees and set spending limits. In addition, invoices can be uploaded to this platform and accounting can be simplified.
The US fund Valar, which has money from US billionaire Peter Thiel, invests in the Berlin credit card start-up Moss. A total of 21 million euros flowed into the round, in which Valar and existing investors also participated. These include Cherry Ventures and Global Founders Capital from Rocket Internet.
Moss offers corporate credit cards to companies with up to 500 employees. Their employees can use them to pay bills without having to ask the secretary for the departmental credit card and without the company's controlling department having to do a lot of accounting.
Moss provides credit cards and a spending platform to small and medium businesses in Germany. The company has developed its own risk engine to come up with a credit card limit for your company. Moss promises higher credit card limits compared to credit cards offered by traditional financial institutions.
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