Fabian Terner is co-founder and chief product officer of Pliant, a Berlin, Germany, company that issues Visa corporate credit cards and spend software to businesses. He founded Pliant in May 2020 with Malte Rau. Read our review of Pliant.
Product and Credit Work at FinCompare and Lendico
His work before Pliant centred on business credit. He spent four years at Lendico, an online lender for small businesses, and was later chief product officer at FinCompare, which compares financing offers for small companies.
Building Card Programs for Banks
Besides its own cards, Pliant sells cards-as-a-service, which lets a bank or another company run a card program under its own brand on Pliant's technology. Commerzbank is one of the banks it works with.
Closing a Second Seed Round in 2021
In December 2021 Pliant closed a second seed round with Alstin Capital, Main Incubator and other existing investors, four months after the first, and said sales had grown fivefold since August. "For us, this commitment from our investors is proof that we are on the right track," he said.
