Funding Round · Card Issuing · 2021

Extend raises $40M Series B for virtual card platform

Name: Extend raises $40M Series B for virtual card platform
Creator: Windsor Drake

Extend raised $40M Series B led by March Capital on October 28, 2021.

Primary: Extend
Counterparty: March Capital
Amount: $40M
Structure: Series B
Date: October 28, 2021
Sub-sector: Card Issuing

Virtual card infrastructure provider raises capital to scale platform helping traditional banks compete with fintechs through issuer-agnostic SMB solutions.

Primary company: Extend
Counterparty: March Capital
Amount: $40M
Event date: October 28, 2021
Sub-sector: Card Issuing
HQ: —
Structure: Series B
Source published: October 27, 2021
Publisher: Yahoo Finance

Source: news.yahoo.com

Other funding rounds in Card Issuing

Primary	Event type	Counterparty	Value	Sub-sector	Date
First Circle Capital	Funding Round	IFC	$6M	Card Issuing	November 9, 2025
Pleo	Funding Round	Coatue Management, Alkeon Capital	$200M	Card Issuing	December 9, 2021
Victor	Funding Round	MVB Edge Ventures	$6M	Card Issuing	December 3, 2021
Global Processing Services	Funding Round	Advent International, Viking Global Investors	$300M	Card Issuing	October 13, 2021