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This fintech configures expense cards to block misuse — and investors just backed it with millions

This fintech configures expense cards to block misuse — and investors just backed it with millions

Miragec | Moment | Getty Images

A startup that uses technology to stop employees from abusing corporate expenses just raised 8 million euros ($8.6 million) of funding from investors, defying a slump in investment for the financial technology industry.

CleverCards, a Dublin-based firm, uses a digital platform linked to configurable expense cards to give companies control over how their employees use their corporate payment cards.

According to a


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