Franklin, a Copenhagen-based fintech focused on financial tooling for e-commerce businesses, has raised €1.6M (DKK 12M) in seed funding in a round led by True Collective, alongside several angel investors. The company offers a payment card and finance platform aimed at online merchants, combining card-based spending infrastructure with software that automates parts of bookkeeping by matching and categorizing transactions and receipts from advertising and SaaS platforms such as Meta, Google and TikTok. The funds will be used to further develop its automation and AI capabilities and to hire across engineering and commercial functions as it scales its product to more merchants. Franklin is the payment card built for e-commerce. Its cards...
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