Prepaid payments startup raises $4m pre-seed round

finperks, a prepaid payments infrastructure startup has raised $4m in a pre-seed funding round, backed by investors including Carsten Maschmeyer, seed + speed Ventures and Motive Partners, as it looks to build the global payment infrastructure for prepaid.

Just six months after its first employee joined, finperks has already made significant strides. It has onboarded its first banking and FinTech partners, including FLIZpay, and is in the process of onboarding its first HR SaaS partners, paylo and Recardy. It has also enabled more than 1,000 brands across 30 markets, with names such as Zalando and Flix among them.

The company is building prepaid payment rails designed to power a wide range of use cases, including cashback and rewards, employee benefits and perks, loyalty point conversion, crypto off-ramp and agentic prepaid wallets. The startup positions itself as addressing a gap in the global payments landscape, arguing that the infrastructure for prepaid payments globally does not yet exist in the form it should.

It offers a single API that aggregates global and local brands into a single platform.

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