Tribal
“Can a corporate card and B2B payments platform become the financial operating system for growth-stage SMBs and startups across Latin America and MENA?”
Founded2016
HQSan Francisco, California, United States
FoundersAmr Shady
Total raised$342.6M
Latest roundSeries B, February 2022
IndustryFintech / SMB banking
The story
Founded in 2016 and launched in beta in 2019, Tribal Credit started as a corporate card provider targeting startups in emerging markets underserved by traditional banks. It expanded from a pure card play into a broader B2B financial operating system, adding Tribal Pay (international transfers), Cash Copilot, receipt management, and multi-currency cards. After its SoftBank-led Series B in 2022, Tribal doubled down on Latin America and MENA as its core geographies, positioning itself at the intersection of credit, payments, and crypto/stablecoins for emerging-market SMBs.
Last 12 months
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Product timeline
2019
Launched beta spend management platform with virtual corporate cards for enterprise customers in emerging markets.· card
2020
Raised $5.5M seed round led by BECO Capital; officially opened sign-ups for corporate card product.· banking
2021
Raised $34.3M Series A led by QED Investors to scale corporate card and B2B payments offering in emerging markets.· banking
2022
Raised $60M Series B led by SoftBank Latin America Fund to expand across Latin America (Brazil, Mexico, Colombia, Peru, Chile); signaled crypto/stablecoin ambitions.· banking
2022
Launched Tribal Pay for international B2B transfers, processing over USD 150M in cross-border transactions for SMBs.· banking
The stack
0 layers disclosed in Tribal’s embedded-finance stack
Accounting gap: significant