Extend Raises $40M in Series B Funding
- Extend Enterprises, a New York-based fintech startup, raised $40m in Series B funding
- The round was led by March Capital with participation from B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo, and Pacific Western Bank
- The company intends to use the funds to further develop its platform and expand its service offerings
- The company provides digital payment infrastructure for financial institutions to enable modern card experiences
- Banks, businesses, and other innovators can access virtual cards for their business, products, and clients
- The company offers several products, including a suite of aggregated virtual card APIs, a digital corporate card app, and an industry-first card tokenization service
