Cardda Analysis
What is Cardda?
Cardda provides corporate cards, accounts payable, reimbursements, and bank transfers in one platform. Its products include virtual and physical cards, SII invoice capture, approval workflows, and ERP syncing with SAP, Oracle, Defontana, and Nubox. The company says more than 300 businesses use Cardda, including AFP Uno, Universidad de Chile, Punto Ticket, and Kaufmann.
Location
Avenida Suecia 0119, Providencia, Santiago Metropolitan Region, 7510030, Chile
Employees
1-10
Founded
2020
Revenue
$5M
Business Model
Transaction fees and monthly fees constitute the revenue model.
Product Features & Capabilities
- Virtual cards, instant issuance, real-time expense control, customizable spending limits, international payments without blocks, transparent fees, no fixed monthly costs.
Pricing
- Starter Plan:
- 0.4 UF tarjeta / mes
- Tarjetas virtuales: 1% por transacción
- Tarjetas físicas: 2% por transacción
- Business Plan:
- 0 UF tarjeta / mes
- Tarjetas virtuales: 1% por transacción
- Tarjetas físicas: 2% por transacción
- Sin costos fijos mensuales
Who are the founders of Cardda
CG
SH
Investors
- Y Combinator
- Start-Up Chile
- Platanus Ventures
- Diego Stevens
Market Focus
Cardda primarily focuses on the financial technology (fintech) industry, specifically providing instant virtual cards for businesses to manage payments efficiently.
Competitors Overview
Cardda operates in the market for virtual and physical business cards, focusing on expense management solutions. Its main competitors include:
- Blinq: Offers easy ordering and team options, making it user-friendly for businesses looking to manage multiple cards.
- Covve: Known for personalized design assistance and competitive pricing, Covve provides a seamless ordering process, which is a significant advantage for users seeking customization.
- Linq: Stands out for its user experience and extensive team management features, making it suitable for larger organizations that require robust management tools.
- Mobilo: Excels in analytics and lead generation tools, providing businesses with insights into how their cards are being used, which can enhance networking efforts.
- Popl: Provides extensive team options and digital solutions, appealing to companies that prioritize digital integration in their networking strategies.
- V1CE: While it offers unique features, it has faced challenges with its companion app, which may affect user experience.
In the expense management sector, notable competitors include:
- Rippling: Integrates HR solutions with spend management, allowing for granular controls based on employee data.
- SAP Concur: Known for its advanced travel management capabilities, suitable for large organizations with complex reporting needs.
- Brex: Focuses on real-time spending insights and integrates expense tracking with corporate card management, ideal for startups.
- Ramp: Provides advanced analytics and customizable automations for expense management, helping businesses identify cost-saving opportunities.
- Airbase: Targets mid-market companies with a unified platform for accounts payable and expense tracking, offering custom spend policies.
These competitors have unique strengths that differentiate them from Cardda, such as integration capabilities, user experience, and specific features tailored to different business needs.
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