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European FinTech firm Pliant has raised $40 million in a Series B funding round as it sets its sights on transforming the B2B payments landscape in the United States. The funding brings the company’s total capital to over $100 million, positioning it to accelerate cross-border expansion and embed regulatory technology solutions within the global payments ecosystem.
Led by Illuminate Financial, the funding round reflects growing investor confidence in FinTech platforms that streamline regulatory compliance, risk mitigation, and compliance automation in B2B transactions. Konstantin Koenig, Principal at Illuminate, noted that corporate payments remain one of the most underserved areas of financial services, still plagued by legacy infrastructure, slow settlement cycles, and manual processes. “Pliant’s platform brings a much-needed layer of automation, flexibility, and intelligence to corporate payments, unlocking real value for modern businesses,” he said.
Founded in 2020, Pliant has rapidly grown its presence across sectors including travel, embedded banking, and Cards-as-a-Service (CaaS) by simplifying payment processes and offering real-time visibility, security, and auditability. Its core platform integrates advanced compliance management systems that empower organizations to scale efficiently while maintaining adherence to evolving regulatory frameworks.
In a strategic move to diversify its service offering, Pliant recently acquired Austrian InsurTech firm hi.health, a company focused on optimizing reimbursement workflows within the insurance sector. By embedding seamless payment capabilities into traditionally manual claims processes, the acquisition signals Pliant’s intent to reshape how regulated industries manage payments and regulatory reporting.
“By embedding a payment option into the submission process, hi.health is revolutionizing a historically cumbersome reimbursement workflow and creating tangible value in the process,” said Pliant CEO Malte Rau.
The latest funding follows a $19 million investment round just a year ago, which included backing from PayPal Ventures. Pliant’s momentum mirrors a broader shift in the B2B ecosystem, where outdated net-60 or net-90 payment terms are being replaced with real-time payment and digital settlement options driven by demand for greater liquidity and cash flow transparency.
“As payment cycles shrink and the adoption of digital solutions grows, suppliers are increasingly opting for faster settlements through commercial cards and virtual payments,” noted Dean Leavitt, CEO of Boost Payment Solutions. “It provides them with critical working capital advantages and simplifies compliance tracking across the payment value chain.”
With this latest funding round, Pliant is well-positioned to introduce its RegTech-driven B2B payments infrastructure to new markets, providing enterprises with smarter tools to enhance financial agility, reduce operational risk, and ensure regulatory compliance at scale.
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