What Cardda does

Cardda is a Chilean fintech operating an integrated corporate payment management platform for mid-to-large businesses across Chile, Mexico, and Peru. The platform is built around four core modules — Tarjetas (physical and virtual Mastercard corporate cards with per-card limits and real-time controls), Reembolsos (WhatsApp-based expense reimbursement with AI/OCR receipt scanning and automated approval routing), Transferencias (programmatic bank transfers for payroll and supplier payments), and Cuentas por Pagar (accounts payable with SII invoice synchronization) — unified in a single dashboard. The underlying architecture is API-first and cloud-based, with native integrations into SAP, Oracle, Defontana, Nubox, and Softland ERPs, the Chilean tax authority (SII), and 33+ Chilean, 50+ Mexican, and 16+ Peruvian financial institutions, accessible via a public Banking API at docs.cardda.com.

The company monetizes through a combination of transaction-based commissions on card spend and recurring subscription fees, with custom enterprise pricing for larger accounts. Distribution is hybrid: self-serve sign-up via cardda.com for SMBs and startups, paired with a direct enterprise sales motion for mid-to-large corporate accounts requiring custom implementation and ongoing account management. As of the most recent disclosures, Cardda serves over 300 corporate customers including AFP Uno, Universidad de Chile, Punto Ticket, Kaufmann, NotCo, Fintual, and Sky Airline, and is backed by Y Combinator and Platanus Ventures. The company is privately held, domiciled as Cardda SpA in Chile, and led by CEO and co-founder Cristóbal Grinbergs Vidal from its Santiago headquarters.

Name

Cardda

Legal name

Cardda SpA

Website

https://cardda.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Chilean fintech providing an integrated corporate spending management platform combining prepaid Mastercard cards, WhatsApp-based expense reimbursement, automated bank transfers, and accounts payable for mid-to-large enterprises across Chile, Mexico, and Peru.

Ownership category

akta.pro rank

Product category

Corporate Expense and Payment Management Software

NAICS

Credit Card Issuing (522210), Credit Card Issuing (52221), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Card Issuing Platforms (Issuer Processing) (FSAGABAD)

akta.pro secondary industry

Embedded Card Issuing & Card-as-a-Service (FSAGALAC)

Keywords

• Corporate card issuance
• Expense management software
• Accounts payable automation
• Virtual prepaid cards
• Fintech payment platform

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Transaction Commission: Cardda earns commission fees on corporate card transactions processed through its platform. This includes interchange fees on card payments and transaction margins.
2. Subscription Plans: Monthly or annual subscription fees for platform access, with tiered pricing based on company size, number of cards, and feature requirements. Includes implementation and support services.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels4 records

Core offering

Cardda provides a unified corporate spending and payment management platform for businesses in Chile, Mexico, and Peru. The platform combines physical and virtual Mastercard corporate cards, WhatsApp-based automated expense reimbursements with AI receipt scanning, automated multi-bank transfers for payroll and supplier payments, and centralized accounts payable with direct SII invoice synchronization. It is sold on a subscription plus transaction-commission basis to mid-market and enterprise customers.

Product overview

Cardda is an integrated business payment management platform for Latam companies operating in Chile, Mexico, and Peru. The platform combines four core products: Tarjetas (physical and virtual corporate Mastercard cards for team spending with real-time controls), Reembolsos (WhatsApp-based expense reporting with automatic receipt scanning and approval workflows), Transferencias (automated bank transfers for payroll and supplier payments), and Cuentas por Pagar (centralized invoice and supplier payment management with SII integration). The platform is designed to eliminate employee out-of-pocket expenses, reduce payment rejections, and provide real-time visibility into all corporate spending through a unified dashboard with ERP integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• Tarjetas (Corporate Mastercard Cards) Physical and virtual Mastercard corporate prepaid cards with per-person, team, or project spending limits, real-time transaction monitoring, automatic receipt capture, and ability to make international payments. Sold to businesses in Chile, Mexico, and Peru.
• Reembolsos (Expense Reimbursements) WhatsApp-based automated expense reporting where employees photograph a receipt/boleta through the messaging app and AI/OCR automatically extracts amount, supplier, RUT, date, and category, routing through customizable approval workflows. Targets Latin American business employees and finance teams.
• Transferencias (Bank Transfers) Automated bank transfer capability supporting mass payments to suppliers, payroll, and reimbursements, with approval rules by amount and role, multi-bank support without tokens or files, and real-time status tracking. Targeted at finance teams in Chile, Mexico, and Peru.
• Cuentas por Pagar (Accounts Payable) Centralized supplier payment management that automatically pulls SII (Chilean tax authority) electronic invoices into the platform, routes them through configurable approval flows by amount or department, and schedules mass payments. Sold to Chilean and broader Latin American businesses.

Quantifiable outcome

• Up to 80% reduction in manual data entry through AI/OCR receipt processing
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability4 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core.

• SAPcoreTechnology or IntegrationSAP integration enables Cardda to sync expense data and corporate card transactions with SAP's enterprise resource planning systems, allowing joint customers to automate financial reconciliation and reporting.
• OraclecoreTechnology or IntegrationOracle integration allows Cardda to connect with Oracle's cloud ERP solutions, facilitating seamless data exchange for accounting, financial reporting, and expense management workflows.
• DefontanacoreTechnology or IntegrationDefontana is a leading Chilean ERP provider. Integration enables Cardda customers using Defontana to automatically sync expense data and corporate card transactions with their accounting systems.
• NuboxcoreTechnology or IntegrationNubox integration connects Cardda's expense management platform with Nubox's cloud-based business management solutions popular among SMEs in Latin America.
• SoftlandcoreTechnology or IntegrationSoftland integration allows Cardda to synchronize expense and payment data with Softland's ERP and accounting software, streamlining financial operations for shared customers.
• SIIcoreTechnology or IntegrationSII (Servicio de Impuestos Internos) integration enables Chilean businesses to automate tax-related expense documentation and compliance reporting directly through Cardda's platform.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Rindegastos:
• Brex: US-headquartered fintech issuing corporate cards combined with expense management and bill pay. Closest direct competitor in business model: card-issuance-led spend management for businesses, the same wedge Cardda uses to enter LatAm.
• Ramp: US corporate card and expense management platform combining physical/virtual cards with AP automation and accounting integrations. Highly comparable on product surface (cards + bills + reimbursements) and target mid-market and enterprise buyers.
• Pleo: European corporate card and expense management startup serving SMBs and mid-market. Same core product wedge (prepaid Mastercard + reimbursements + ERP sync) and comparable go-to-market across multiple European countries.
• Spendesk: European spend management platform offering prepaid cards, virtual cards, expense reports, and invoice management. Closely mirrors Cardda's four-product suite (cards, reimbursements, transfers, accounts payable).

Regional players

• Clara: Mexico-based corporate card and spend management company serving Latin American businesses with physical and virtual cards plus expense controls. Most relevant LatAm-native peer competing head-to-head in Mexico.
• Tribal Credit: Mexico-headquartered B2B payments and corporate credit platform serving SMBs and mid-market in Latin America. Comparable corporate-card-led offering targeting cross-border LatAm businesses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CarddaHQ
• LinkedInlinkedin.com/company/cardda
• Instagraminstagram.com/cardda.cl
• Xx.com/_Cardda

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cardda