By VC News Daily

SAN MATEO, CA, Torpago, a commercial credit card and spend management provider, today announced it raised $10 million in a Series B funding round.

The round was co-led by Priority Tech Ventures, a division of Priority Technology Holdings, Inc., and EJF Ventures, with participation from BankTech Ventures and other existing investors.

Torpago equips banks and credit unions with white-labeled business credit cards, expense management software, and end-to-end program management. Built on a modern technology stack featuring web and mobile apps, native APIs and microservices, Torpago’s platform facilitates the seamless adoption and deployment of market-leading business credit card and expense management products.

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Source: VC News Daily