Husk Funding News-Brussels-Based FinTech Startup Husk Raises €1 Million In Seed Round

The round included backing from Techstars, Birdhouse Ventures, NewSchool.vc, and several experienced angel investors.

Stripe is providing the European card issuing licence, while Mastercard is also supporting Husk’s expansion.

CEO Christophe Sion said: “We give startups instant access to corporate cards with meaningful credit limits, which means their employees can make payments that are only due one month later. Startups can develop their own card programme through our platform to suit their specific needs. All of the company’s bank accounts are linked to the Husk platform.

“Through data analysis, we monitor the financial health of the startup and the entrepreneurs get a real-time view of their expenditure patterns and the financial health of their business. Based on this data, we can also adjust the limits on the corporate cards.”

What sets Husk apart is its dynamic risk model, built with support from VLAIO, which lets it work with early-stage startups even without a financial history. Using advanced data analysis, Husk gives founders real-time insights into their financial health and spending habits.

“In a flourishing startup, you have two employees on day one and twenty the next day. And as a company, you need to keep up with that pace. Husk offers a solution for the financial challenges faced by these fast-growing startups,” explains Sion.

In September 2024, Husk partnered with Stripe to manage card issuing licences. Since Stripe holds licences in the UK and US, this opens doors for Husk’s international expansion.

A month later, in October 2024, Husk teamed up with Mastercard, gaining further support to grow and scale its payment card offering.

Husk makes money through two main sources. First, it earns interchange fees—these are transaction charges paid by merchants when a Husk card is used for payments. Second, it offers a SaaS subscription model.

While the basic version of Husk’s platform is free for startups, those who subscribe gain access to advanced features that help them manage payments, analyse transactions, and optimise their cash flow more effectively.

“We always begin with an automated assessment, after which we conduct a risk analysis. Since the launch in February ‘25, 16 companies have successfully passed the assessment. They are now also using Husk. We expect to serve at least one hundred startups by late 2025, and a thousand by the end of 2027.

“We are giving priority to tech startups who have already completed an investment round. After all, they owe it to their investors to invest capital smartly for growth. In Belgium, about two thousand startups are eligible, while in Europe there are three hundred thousand,” adds Sion.

In the long run, Husk plans to expand its services to mid-sized businesses and e-commerce companies. The platform will also offer extra features like integration with accounting software and AI tools. These tools can answer financial questions, give clear insights, and help customers easily set up and use their corporate cards.

About Husk

Founded in 2023 by Christophe Sion and Georgy Taranov, Husk offers startups corporate cards with built-in credit and real-time financial monitoring tools — all on one platform to help manage and optimise cash flow.