London-based Incard, a financial platform
for high-growth digital companies, has raised £10 million in Series A funding
led by Smartfin, with participation from Founders Capital, MountFund, and angel
investors.
Incard was founded to address limitations
in traditional business banking, which often requires founders to manage cash
flow, invoicing, and spending across multiple disconnected tools. Created by
entrepreneurs Theo Cesarini, Soraya Tribouillois, Liam Seskis, and Matteo Martino, the company launched its platform in 2024 to consolidate these
functions into a system designed to scale with growing digital businesses.
Incard’s financial operating system
integrates banking, payments, and financial tools into a unified platform,
centralising financial operations, providing real-time cash flow visibility and
spend insights, and supporting industry-specific workflows and add-ons.
Theo Cesarini, CEO of Incard, said the
company has built a control layer for the financial stack of high-growth
digital businesses and is now focused on making the platform available to more
companies so they can better manage, automate, and optimise their finances.
The Incard platform provides access to
business banking, corporate cards, and connected bank accounts through a single
interface. Companies can extend the platform with tools from the Incard App
Store based on their industry and stage of growth, including invoicing, spend
management, treasury, working capital, and other financial capabilities.
Incard has gained adoption among
high-growth digital businesses across the UK and Europe, particularly those
with high advertising spend, foreign exchange exposure, and multi-entity
structures.
With the new funding,
Incard plans to expand into additional markets, including Europe and the US,
enhance its product offering, and invest further in automation, AI-driven
financial workflows, and team growth across engineering, compliance, and
product development.