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Cardlay

Single platform to issue;load and manage cards and expenses globally

Cardlay has raised €30M across 6 funding rounds from 9 investors, most recently a round in Mar 2022. Based in Odense, Denmark; founded 2016; active in Fintech. Data as of 28 Oct 2026.

Total raised
€30M
€30,127,623
Funding rounds
6
Investors
9
distinct backers
Active since
2016-08
latest 2022-03

Funding by year

EUR raised per year
Cardlay — funding by year — interactive chart.
Data table
Cardlay — funding by year
2016€3.6M
2017€4.0M
2019€9.0M
2021€8.0M
2022€5.5M

Signals

Medium confidence
Raise-next likelihood5
base rate 30% for Other
  • ▼ Dormant (no round in 3+ cohort gaps)
  • ▼ Down/flat last round
Exit likelihood14
base rate 11% (2+ rounds)
  • ▲ €30M+ raised
  • ▲ 6 rounds raised
  • ▲ 10y since founding (typical exit age)
  • ▼ No recent equity round (debt-only or quiet)

Timing: dormant vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.

Funding rounds

6 rounds
DateStageAmountInvestors
2022-03-09Other€5.5M—View deal →
2021-04-14Other€8.0MGlobal PayTech VenturesView deal →
2019-10-01Series B€9.0MSEB (Skandinaviska Enskilda Banken),Seed CapitalView deal →
2018-01-01Other€4.0MHerbert Nathan.,Jørgen Bardenfleth,Klaus Holse,SEB Venture Capital,SEED Capital,Thorleif KrarupView deal →
2016-12-01Early VC€3.6M—View deal →
2016-08-01Seed€0—View deal →

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