Torpago Raises $10M for Their Bank-Branded Commercial Cards and Expense Products
Friday, June 21, 2024
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Posted by: Sierra Lindemann
Torpago, a Commercial Card and spend management provider, has secured $10 million in Series B funding, co-led by Priority Tech Ventures and EJF Ventures. This investment will fuel the expansion of Torpago’s ‘Powered By’ white-label platform, designed to help banks modernize their offerings and compete with fintechs.