Here’s a new corporate card startup, backed by $157M in equity, debt, going after Brex, Ramp
https://techcrunch.com/2023/03/16/parker-ecommerce-corporate-card-fintech/
Parker, a startup offering a corporate credit card for e-commerce businesses, emerged from stealth Thursday with $157 million in equity and debt funding, much of which closed in 2022.
The company touts itself as “the first charge card for e-commerce” with raised limits that are on average 10 to 20 times higher than traditional business credit cards, like CapitalOne, American Express and Brex.