# Card91

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/card91

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.card91.io
- Total disclosed funding: $1M
- Latest round: Seed (Dec 31, 2020)
- Investors on record: 4

## About

Based in Bangalore, India, and founded in 2020 by Vineet Saxena, Ajay Pandey, and Kush Srivastava, Monepeak Fintech Private Limited doing business as CARD91 is an information technology-based company that helps businesses and banks launch co-branded cards and simplify business payments. In March 2022, Monepeak Fintech Private Limited raised USD 13 million in venture funding co-led by new and returning investors Infinity Ventures, Point72 Ventures, Sabre Partners, EMVC, and Commerce Ventures. The firm provides its services to businesses and banks.

The company is a global payment issuance infrastructure platform that engages in building a plug-and-play payment issuance infrastructure that helps businesses and banks launch co-branded cards and simplify business payments. The firm powers B2B payments and lending on a card as a service for the business that wants to issue, control, view, and approve payments. The company enables new age payment through payment rail and also provides data rail which seamlessly allows access to real-time data. Additionally, the company offers its own dashboard and integrated API’s to issue payments and reconcile usage of data in a frictionless, secure manner for free.

The company intends to use March 2022 funding to expand our issuance product offerings and reach multiple businesses across India and start our foray internationally. It will also help in building our team's strength and capabilities, and launch-related ancillary products.

## Funding rounds

- Seed, Dec 31, 2020, $1M — Inflection Point Ventures, Blume Ventures, Rainmatter, Emphasis Ventures

## Investors

- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Seed
- Rainmatter (https://capitalatlas.ai/funds/rainmatter) — Seed
- Emphasis Ventures (https://capitalatlas.ai/funds/emphasis-ventures) — Seed