Torpago Raises $77 Million, Valued At Over $1 B... May 2026

In October 2021, fintech platform Torpago secured $77 million in combined debt and equity, consisting of a $2 million seed round and a $75 million warehouse facility, to expand its corporate spend management platform. While initially reporting a valuation over $1 billion at that time, the company has since evolved its strategy to focus on white-label "Powered By" solutions for regional banks, supported by a 2024 Series B funding round. For more details, visit Crowdfund Insider . AI responses may include mistakes. Learn more Torpago Raises $77 Million, Valued At Over $1 Billion