Activant Capital led a $40M Series B funding round in Cardless.

Activant Capital led a $40M Series B funding round in Cardless, a platform developer. Additional investors include Accomplice, Pear VC and the owners and management of Phoenix Suns and Boston Celtics. "There are close to 200 brands with traditional cards, but they are often old legacy businesses such as Costco and Sam’s. We want to connect folks with brands they love most, and elevate fans’ relationships with those brands," Michael Spelfogel, Cardless Co-Founder and President.