Incard closes £10M Series A to expand its financial platform

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.