Berlin-based credit card fintech, Moss, has raised €21 million in a Series A round led by Peter Thiel’s Valar Ventures. Moss issues its card via partner institution in Malta Joining the PayPal co-founder’s firm in the round are existing backers, Cherry Ventures and Global Founders Capital. Moss aims to provide a corporate credit card to replace expense reports and manual employee spending processes. It says its platform can enable companies to “stop chasing receipts and start automating their accounting”. It provides a physical credit card, team management software, subscription management, and account controls. Firms have a credit limit of €250,000…
Corporate credit card start-up Moss raises €21 million in Series A