Cardda provides virtual credit card services that allow businesses to issue instant digital cards for team members, enabling real-time control over spending limits and transaction tracking. This solution eliminates lengthy registration processes and hidden fees, streamlining payment management for international services and subscriptions.
Funding
$500K 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.
PFounders
Product
Problem
Many businesses face challenges in managing and controlling employee spending, especially for international services and subscriptions, due to lengthy registration processes, lack of real-time oversight, and potential hidden fees associated with traditional corporate cards. Tracking expenses across different teams and services can be cumbersome, leading to inefficiencies and potential overspending.
Solution
Cardda offers a virtual credit card platform that enables businesses to instantly issue digital cards to team members, providing real-time control over spending limits and transaction monitoring. The platform streamlines payment management for international services and subscriptions by eliminating bureaucratic hurdles and offering transparent pricing. Businesses can organize cards by department or employee, easily track charges, and modify spending limits in real-time. Cardda also allows for the cancellation of cards to prevent unwanted subscription charges or unauthorized spending by former employees.
Target Audience
Cardda primarily targets businesses, particularly those with international operations or subscription-based service needs, seeking a streamlined and transparent solution for managing employee spending.
Features
- Instant issuance of virtual credit cards for team members
- Real-time control over spending limits and transaction tracking
- Categorization of cards by department or employee for organized expense management
- Ability to cancel cards instantly to prevent unwanted charges
- Transparent pricing with a 1% transaction fee
- Acceptance for international payments without blocks