Cardtonic has announced the launch of Pil, a new B2B card spend management platform, following a 2.1 million pre-seed funding round from angel investors. The platform is designed to serve businesses with high-volume operations, offering features that allow teams to fund cards with Naira, Cedi, or stablecoins, manage spending controls, and monitor all transactions and accounting in a centralized system.
The funding marks a strategic shift for Cardtonic, moving from bootstrapped retail-focused operations to building enterprise-grade infrastructure. Pil was developed to address the operational needs of businesses, including predictable limits, team management, and visibility for finance departments-pain points that differ from those of retail users. The founders emphasized that Pil is purpose-built for businesses rather than being an adaptation of consumer tools.
Pil's roadmap includes plans for physical cards, department-specific spend controls, automated expense flows, API integrations, and compatibility with major accounting platforms such as QuickBooks, Xero, and Zoho. The platform aims to become a comprehensive operating system for business spending across startups, agencies, and large enterprises.
