Torpago

Torpago, founded in 2019 and headquartered in San Francisco, California, United States, has raised approximately $20.8 million, including a $2.46 million seed round in October 2021 that coincided with a unicorn valuation of $1 billion. The fintech provides banks with a white‑label corporate card and spend‑management platform, offering virtual cards, real‑time spending controls and reimbursement workflows. With backing from investors such as Operate, Kortschak Investments and Clear Haven Capital, Torpago is positioned to modernise expense management and card‑programme infrastructure across financial institutions.