Home All Stories Plastiq Raises $5.9 Million in Second Round

Plastiq Raises $5.9 Million in Second Round


Plastiq, a provider of online credit card payment and management services, has raised $5.9 million in a round of venture capital, the company disclosed in a new SEC filing. Founded by two Harvard graduates, Eliot Buchanan and Daniel Choi, Plastiq has developed an online payments platform that allows people to use their credit cards for payments in situations where they otherwise could not, charging consumers a small fee for each transaction, instead of the merchant. The service also allows consumers and merchants to manage and monitor transactions from any Internet device, and allows users to mange multiple credit cards and schedule future or recurring payments.