Corporate card FinTech Jeeves hits $2.1 billion valuation

Corporate card FinTech Jeeves has hit a $2.1 billion valuation after raising $180 million in a Series C funding round.

The company provides a card and expense management platform for businesses.

Jeeves was launched in March of 2021, backed by well-known tech incubator Y Combinator.

The news comes less than seven months since the company raised $57 million in a Series B funding round.

Chinese tech giant Tencent led the latest round, which also included participation from Stanford University, Andreessen Horowitz, and Silicon Valley Bank.

Jeeves is not the only FinTech that has seen investment from Tencent.

In January this year, the Chinese tech giant took a minority stake in Monzo as part of a top-up to the bank’s latest funding round.


The corporate card space has seen significant levels of investment in the past year.

In April, corporate credit card provider Brex achieved a $7.4 billion valuation after raising $425 million in a Series D funding round.

    Share Story:

Recent Stories


New Business Frontiers
FStech’s Mark Evans discusses the future of financial services with Liu Jianning of Huawei, covering the limitations that current thinking can impose, how financial institutions can embrace technology to be both agile and resilient, and making space for the organisation to focus on the job of creating innovative business models and on delivering business value for their customers.

The Future of Intelligent Finance
FStech Group Editor Mark Evans sits down with Jason Cao, President of Global Financial Services Business Unit, Enterprise BG at Huawei ahead of its Intelligent Finance Summit which was held on 3rd and 4th of June in Shanghai. This Q&A delves into key trends in digital transformation of the financial services industry as well as a look at how data, robotic infrastructure, intelligent storage and innovative technologies are shaping the future for FSIs.

Cracking down on fraud
In this webinar a panel of expert speakers explored the ways in which high-volume PSPs and FinTechs are preventing fraud while providing a seamless customer experience.