Cardtonic Launches Pil, a $2.1M-Funded Platform for Business Spending Management
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.
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.
The initiative reflects Cardtonic’s approach of solving real user pain with fast, human-focused support, informed by the team’s own experience managing high-volume business expenditures. Pil is positioned as a solution that reduces friction in business spending, offering reliability and efficiency in a sector increasingly crowded with generic fintech tools.
