Here’s a new corporate card startup, backed by $157M in equity, debt, going after Brex, Ramp

Parker, a startup offering a corporate credit card for e-commerce businesses, emerged from stealth Thursday with $157 million in equity and debt funding, much of which closed in 2022.
The company touts itself as “the first charge card for e-commerce” with raised limits that are on average 10 to 20 times higher than traditional business credit cards, like CapitalOne, American Express and Brex.
Co-founders Yacine Sibous and Milan Ray were more into computing before they kind of fell into the world of e-commerce. They were building internet-based businesses to help people build passive income whe

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