Startup Extend is trying to solve that problem and just landed $11 million in fresh capital to meet that end. Unlike other fintechs in the business credit card space, Extend partners with issuers rather than tries to disrupt them. Its technology that enables companies to instantly issue and control virtual cards is integrated with Mastercard and Visa. "As seen in recent news, virtual cards are an area which will continue to see major innovation this year." Extend’s funding comes at a time when the notion of a virtual card is getting more interest thanks to Apple.

Source: Forbes April 10, 2019 12:00 UTC