Venture Capital
NEW YORK, April 10, 2019-- Extend has announced its $11 million Series A financing. Extend’s platform enables frictionless virtual credit card issuance for banks, corporations, and other startups. The round was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner City National Bank. Extend, which is building core infrastructure for the future of payments, is transforming the $1.6 trillion U.S. corporate card industry. Its platform also offers a simple, secure virtual card payment option for the $864 billion U.S. gig economy.