Caary provides a cloud‑based platform‑as‑a‑service that lets fintechs, e‑commerce firms, SaaS providers and banks issue and manage virtual or physical credit, charge, and prepaid cards without building their own infrastructure. The solution offers API‑driven card provisioning, spend controls, receipt capture, rewards, accounting integrations, digital onboarding with ID verification and open‑banking, plus a mobile app and analytics dashboard for real‑time monitoring and risk management.
Funding
$2.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses that want to offer credit, charge, or prepaid cards face lengthy integration cycles, high compliance costs, and the need to manage card operations, fraud monitoring, and reporting internally. These barriers limit the ability of many companies to launch card programs quickly and cost‑effectively.
Solution
Caary delivers a cloud‑based platform‑as‑a‑service that enables companies to issue and manage both virtual and physical cards without building the underlying infrastructure. The platform handles card provisioning, spend controls, receipt capture, rewards, and accounting integrations, while also providing built‑in ID validation, open‑banking onboarding, and compliance with banking regulators. Real‑time analytics and a mobile app give cardholders visibility into transactions and allow administrators to monitor usage and risk. By abstracting card operations, Caary lets partners focus on their core business and scale card programs rapidly.
Target Audience
Primary customers are fintech companies, e‑commerce platforms, SaaS providers, and traditional banks that need to launch or extend credit and prepaid card programs for consumers or businesses.
Features
- API‑driven issuance of virtual and physical credit, charge, and prepaid cards
- Configurable spend controls, limits, and real‑time transaction monitoring
- Integrated receipt capture and expense management for cardholders
- Rewards and loyalty program support with customizable rules
- Seamless accounting and ERP integrations for automated reconciliation
- Digital onboarding with ID verification, open‑banking data, and regulator‑approved compliance workflows
- Mobile app for end‑users to view balances, transactions, and upload receipts
- Dashboard with sophisticated analytics for program performance and risk insights