Oct 11, 2024
Cardboard, a fast-growing Norwegian FinTech company, has partnered with Bits Technology to enhance its onboarding and compliance capabilities as it scales across Europe. This strategic collaboration will streamline key processes like Know Your Business (KYB) verification and ensure a seamless onboarding experience for Cardboard's expanding client base.
Driving Growth Through Streamlined Onboarding
As businesses increasingly rely on digital subscription services, managing SaaS expenses can become complex and time-consuming. Cardboard simplifies this by allowing companies to issue virtual cards, giving them real-time visibility and controlling expenses while automating tedious administrative tasks like receipt collection and reconciliation. Partnering with Bits Technology enables Cardboard to scale these services across Europe, automating client onboarding, KYB verification, and compliance management to ensure a secure and efficient user experience.
“We’re excited to partner with Bits Technology to deliver the seamless, automated onboarding experience our clients demand as we expand into Sweden and the UK,” said Andreas Røyrvik, Co-founder of Cardboard. “Bits Technology’s advanced compliance infrastructure enables us to securely onboard customers while maintaining the efficiency and flexibility that set us apart.”
Efficiency and Compliance at Scale
With an experienced team and a product that has quickly gained traction in the Norwegian market, Cardboard is well-positioned for rapid expansion. The recent €1.9M investment round, led by Skyfall Ventures, enables Cardboard to scale its product offering into new markets, starting with Sweden and the UK. With Bits Technology’s support, Cardboard will be able to provide even faster client onboarding, positioning the company to scale its services and onboard many new customers, all while meeting their aggressive growth objectives.
“Cardboard is transforming SaaS expense management for businesses, and we are excited to contribute to their journey,” said Fredrik Eriksson, Chief Commercial Officer and co-founder at Bits Technology. “Our focus on compliance automation and seamless onboarding is aligned with Cardboard’s vision, and we’re proud to support them as they expand across Europe.”
Empowering Businesses with Fast, Simple SaaS Expense Management
Cardboard’s platform allows businesses to issue virtual cards to employees, helping them manage SaaS subscriptions and digital marketing costs. Companies gain real-time insights into spending patterns, control costs, and save time on administrative tasks like automating receipt collection and AI-driven receipt matching with payments. With Bits Technology’s help, Cardboard will enhance its onboarding efficiency, reinforcing its position as the key disruptor in the SaaS subscription and expense management space.
About Cardboard
Founded in Norway in 2022, Cardboard is a SaaS management platform that helps businesses control subscription spending and automate accounting through virtual cards. Cardboard aims to simplify expense management while minimizing administration. For more information on how Cardboard is revolutionizing SaaS expense management or to inquire about partnerships, visit: https://cardboard.inc/.
About Bits Technology
Bits Technology provides compliance automation solutions that help businesses streamline onboarding workflows, mitigate risk, and ensure regulatory compliance. Focusing on customizable tools, Bits Technology enables businesses to scale efficiently while minimizing risk.
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