Payment technology firm i2c has teamed up with Australia’s neo corporate card provider Archa to offer a corporate credit programme targeted at SMBs.

The programme will offer a business credit card and various tools for companies having staff headcount of between two and 200.

All this can be accessed without any personal guarantee.

The Archa card provides instant lines of corporate credit for employee expense accounts by utilising artificial intelligence (AI) technology along with various data sources.

It offers a complete view of money management across a company owing to its capability of integrating with a company’s existing processes.

Moreover, i2c is said to support companies in setting spending rules and getting real-time reports on cashflow.

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Archa CEO Oliver Kidd said: “We selected i2c as our processor of choice because of their unique APIs and robust payments capabilities that allow us to deliver a differentiated credit solution to support the unique needs of startups and midsize companies.

“For the first time, smaller companies will have the same resources larger companies have to deliver a superior digital experience while retaining control over all aspects of their business spend, a single customer view across all relationships, actionable business intelligence in real-time and optimised cashflows to help them grow.”

Developments at i2c

In February this year, i2c collaborated with Sightline Payments to offer cashless programmes to entertainment operators.

In the same month, i2C also partnered with fintech SmartHealth PayCard to introduce a credit card solely dedicated to healthcare.

Earlier this month, Airwallex selected i2c to support its recently launched Airwallex Borderless Card.