YPOG advised Seaya Nova and Molten Ventures on the Series C financing of Berlin-based fintech Pliant. The USD 80 million round is led by Seaya Nova and Speedinvest. Illuminate Financial, Motive Partners, Molten Ventures and Citi Ventures also participated as investors.
Pliant was founded in Berlin in 2020 by Malte Rau and Fabian Terner and specialises in modular B2B payment solutions and corporate credit cards. The company holds an EU e-money licence from Finland as well as a licence from the UK regulator FCA. According to company information, Pliant has reached annual recurring revenue (ARR) of more than USD 100 million.
“The round reflects the confidence of international investors in Pliant and Germany, and we are pleased to have advised Seaya Nova on their first deal following the recent EUR 600 million fund closing and Molten Ventures on this transaction”, said Dr. Benjamin Ullrich, Partner at YPOG.
Team
Dr. Benjamin Ullrich (Lead, Transactions), Partner, Berlin
Thomas Tüllmann (Fintech + DLT), Associated Partner, Hamburg
Anna Eickmeier (IP/IT/Data Protection), Associated Partner, Berlin
Dr. Emma Peters (Transactions), Associated Partner, Berlin
Silke Ricken (Corporate), Associate, Berlin
Charlotte Petrasch (IP/IT/Data Protection), Associate, Berlin
Jonas Reguez (Transactions), Associate, Berlin
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YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard.
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog