Franklin offers a payment card and financial management platform tailored to e-commerce merchants, including payment cards optimized for high-volume ad spend and AI-driven receipt matching for automated bookkeeping and reconciliation. The product already supports automated bookkeeping for over 250 Danish companies and the company has begun expanding into the Dutch market. Founded in 2024 and led by CEO and co-founder Nikolaj Bomann Mertz, Franklin combines payments and accounting automation targeted at online merchants. The company plans to use new capital to deepen its AI capabilities and build agentic finance tools. It also intends to grow its engineering and commercial teams to support market expansion. Franklin recently raised €1.6M in a seed round led by True Collective with participation from prominent angel investors.

Total raised

$3M

Funding rounds

3

Latest round

Seed

Latest activity

Jun 2026