Belgium fintech startup Husk It has been announced today that they have raised $ 1 million pre-ben funds to help and manage their growing expenses by feeling rapid initial growth.
These include the support of International Accelerator Program Techstar, Investment Fund Bird House Venture, News School.VC and experienced business angels. As a payment service supplier, the European license provides the stripe card to issuance and MasterCard also supports Husk in its constant growth.
CEO Christophe Said: “We give startups on corporate cards with meaningful credit credit limit, which means that their employees can pay only one month later. Startups can develop their own card programs through our platform according to their specific needs. All bank accounts in the company are associated with the Husk platform.
“By analyzing data we observe the financial health of the startup and the entrepreneurs get a real-time view of their expenditure and their business financial health. Based on this data we can adjust the restrictions on corporate cards.“
Established in 2023 by Christoph Sion and George Taranov, the Husk provides startups with corporate cards with credit built-in and real-time financial monitoring equipment to help manage and adapt the Husk cash flow.
One of the unique features of the Husk platform is its dynamic risk model, which developed with the help of VLOO. This allows Hus to work with these startups, even if they are unable to provide any financial history. Thanks to advanced data analysis, entrepreneurs are reported to have received detailed and real-time insights on their financial health and expenditure patterns.
“At an developing start, you have one and two employees the next day. And as a company, you need to hold that speed. HUS provides a solution for financial challenges to face by fast growing startups“Explained SionThe
In September 2024, the Husk licensed card signed the partnership with the online payment service stripe to handle the card. Stripe has licenses in the United Kingdom and the United States, which gives Hus’s international expansion. In October 2024, a partnership with MasterCard was also formed, which helps with the continuous growth of their payment cards.
By benefiting their strategic partners, Hus offers:
- Flexible payment solution: Get the physical and virtual cards required of your growing team.
- Increased Liquidity: Benefits your cash flow from a smooth AY -repayment period with a further breathing room.
- Real-time expenditure control: Observe as soon as you cost and adjust immediately.
- Limit payments of higher payments: Access the financial flexibility required for scaling operations.
Interchange fee is one of the two earning flow for Husk. When a company pays them with a Husk card, the cost of this transaction is charged to the merchant. Furthermore, Hus produces income with the SAS subscription. The initial license on the platform is free for startups; With the Sass Subscription they enjoy access to advanced equipment to pay the transaction, and to adapt the cash flow to the transaction.
“We always start with an automatic assessment, then we analyze the risk. Since the launch of February ’25, 16 companies have successfully passed the evaluation. They are now using the crust. We hope to serve at least one hundred startups at the end of 2025 and one thousand at the end of 2027.
“We are giving priority to technical startups who have already completed the investment round. After all, they are to their investors to invest in investors to increase. In Belgium, nearly two thousand startups are eligible, on the other hand, Europe is in Europe“Added SionThe
In the long run, Husk also plans to extend the middle-market companies and e-trade companies.
Additional features include integration with accounting software and AI functionality that can provide customers’ financial questions and provide clear insights, as well as help them set up and use corporate cards.
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