Cardlay is a single software platform that develops and delivers a software platform for enterprises for the administration and management of expenses, and branded prepaid physical and virtual cards.

Cardlay's platform issues, loads and manages cards and expenses globally for complete visibility.

Cardlay was founded in 2016 by Jørgen Christian Juul. The company is based in Odense, Syddanmark, Denmark.

Cardlay’s forefront software is aimed at helping companies automate business processes, by leveraging the integration between credit cards, Travel Expense Management and EU-VAT reclaim.

Cardlay is a strategic partner to banks, card issuers and processors in the digital transformation process and enables white label partners to strengthen digital relations with customers and stay relevant in a new era of digital banking.


Cardlay’s white label product provides banks with a solution to build new revenue on existing portfolios, secure retention and gain new market shares. The vision is to enrich all transactions. It is conceived as a global player from the very beginning and ambitions are sky-high.


Cardlay is backed by SEB Bank, Seed Capital and others. The company raised $10M from a latest financing on Nov 14, 2019. This new round brings Cardlay's total funding to $18.9M to date.



  • Year founded: 2016
  • Funding Info: $18.9M over 5 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: $1M-$2M (2019)
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Odense
  • State: Syddanmark
  • Country: Denmark
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