KarbonCard, a fintech firm focused on corporate cards, has raised $15 million in a Series A round led by Olive Tree Capital, Harmony, and Avenir Growth Capital.
Existing investors, including Ramp, Mercury, and Orios Venture Partners, also participated in the round, the startup said in its press release.
The startup will use the funds to foray into the corporate neo banking space, ramp up its product development, and hire people.