MyCard, Inc. announced that it will receive $9,809,945.22848 in funding on July 28, 2023. The company will issue 2,625,704 series A preferred shares at a price of $3.73612 per share in the transaction. The preferred shares will be convertible into common shares at a fixed price of their original issue price.

The preferred shares have a par value of $0.0001 per share. The round will be raised at a post-money valuation of $15,709,144.