| Date | Title | Description |
| 14.05.2024 | Fintech Rises as Most Equitable Field for Female-Founded Startups | - |
| 14.04.2024 | TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money | Welcome to TechCrunch Fintech! This week, we’re looking at how two fintech companies serving the underserved are faring, and more!
To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sun... |
| 03.04.2024 | State of play: Fintechs pivot from B2C to B2B | Fintechs increasingly see more promise in selling to banks than selling to consumers.
Why it matters: Launched as consumer tools, companies now argue working with institutions can reach more consumers.
Credit card payment startup Tally's mo... |
| 03.08.2023 | Petal Closes $240M in Debt and Equity | Petal, a New York, NY, and Richmond, VA-based credit card and financial technology company, closed a committed $200m debt facility from Victory Park Capital.
The company has also agreed to a multi-year extension of its existing term loan fa... |
| 03.08.2023 | Credit Card Tech Firm Petal Receives $200 Million in Debt Capital | Petal, a Fintech in the credit card sector, has received a $200 million debt facility from Victory Park Capital (VPC). At the same time, Petal states that it has agreed to an extension of an existing term loan as well as a new loan of up to... |
| 03.08.2023 | Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding | "It will soon be possible for any U.S. consumer to use their banking history to qualify for new and better financial services. That’s great for consumers, and an opportunity for Petal to make credit accessible to millions of people.&qu... |
| 10.05.2023 | Petal Raises $35 Million in New Funding, Spins Off B2B Data Analytics Unit Prism Data | Erin Allard, General Manager of Prism Data, and Jason Rosen, CEO of Petal & Prism Data "For breakthrough technologies that have proven effective, like the cash flow underwriting we’ve developed at Petal and Prism Data, the time has... |
| 10.05.2023 | Petal Raises $35M in Funding | Petal, a New York- and Richmond, VA-based credit card and financial technology company, raised $35M in funding.
The round was led by Valar Ventures and joined by Story Ventures, Core Innovation Capital, and RiverPark Ventures, among others.... |
| 07.12.2022 | Prism Data Unveils CashScore v3, the Next Generation of Credit Scoring | CashScore by Prism Prism’s CashScore makes it easier for financial institutions and fintechs to analyze and interpret open banking data so they can understand—with unparalleled clarity—a consumer’s full financial picture.
NEW YORK (PRWEB) D... |
| 12.05.2022 | Petal Appoints Ali Heron as its Chief Technology Officer | Ali Heron, Petal's new Chief Technology Officer “Ali has built an exceptionally talented team whose innovations drive our business and whose diversity raises the bar in fintech." – Jason Gross, Petal’s CEO and co-founder.
NEW YORK (PRW... |
| 09.01.2022 | Credit Card Fintech Petal Raises More Money in $140 Million Series D | Last week, Petal, a credit card startup that issues cards in partnership with WebBank, announced a Series D funding round of $140 million led by Tarsadia Investments.
In a blog post, Petal shared that new and existing investors in the round... |
| 05.01.2022 | Petal Raises $140 Million in Series D Funding, Led by Tarsadia Investments | The award-winning Petal 1 and Petal 2 Visa credit cards “2021 was a breakout year for Petal,” said Jason Gross, Petal’s co-founder and CEO. “At a time when consumers faced unprecedented barriers to accessing credit, we expanded access like ... |
| 05.01.2022 | Credit Card Startup Petal Reaches an $800 Million Valuation
Credit Card Startup Petal Reaches an $800 Million Valuation | (Bloomberg) -- Petal, a credit-card startup, has raised $140 million in a funding round led by Tarsadia Investments.
The funding round values the New York-based company at $800 million, according to a person with knowledge of the matter. Va... |
| 05.01.2022 | Petal Raises $140M in Series D Funding | Petal, a NYC- and and Richmond, VA-based credit card company created to help people build credit and spend responsibly, raised a $140m Series D round of funding.
The round was led by Tarsadia Investments, with participation from Valar Ventu... |
| 27.04.2021 | Introducing Prism Data and the CashScore: Petal's Transaction Intelligence Platform–and Cash Flow Underwriting–Now Available to the Broader Market for the First Time | Logo for Prism Data, Petal's new B2B enterprise product “Prism Data is the next great step in furthering Petal’s original mission to democratize access to credit, now by empowering other organizations to serve more customers, build better p... |
| 07.04.2021 | Petal names Eli Corbett as General Counsel and Chief Compliance Officer | NEW YORK (PRWEB) April 07, 2021
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has named Elizabeth (“Eli”) Corbett as its General Counsel and Chief Compliance Offi... |
| 24.02.2021 | Petal Closes $125M | Petal, a New York, NY, and Richmond, VA-based credit card company, closed a more than $125m committed debt facility.
This new facility included:
$100 million from Silicon Valley Bank (SVB), and
$26.6 million from Trinity Capital.
This asset... |
| 24.02.2021 | Petal Closes $125 Million Debt Facility From SVB & Trinity Capital | Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has closed a new committed debt facility, totaling more than $125 million. According to Petal, the ne... |
| 24.02.2021 | Petal Closes $125M | Petal, a New York, NY, and Richmond, VA-based credit card company, closed a more than $125m committed debt facility.
This new facility included:
$100 million from Silicon Valley Bank (SVB), and
$26.6 million from Trinity Capital.
This asset... |
| 24.02.2021 | Petal Closes $125M Debt Facility | Petal, a New York, NY, and Richmond, VA-based credit card company, closed a more than $125m committed debt facility.
This new facility included:
$100 million from Silicon Valley Bank (SVB), and
$26.6 million from Trinity Capital.
This asset... |
| 24.02.2021 | Petal Closes New $125 Million Debt Facility from SVB and Trinity Capital | A Petal® Visa® card
NEW YORK (PRWEB) February 24, 2021
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than ... |
| 08.10.2020 | Petal introduces New No-Annual-Fee Visa Credit Card “Petal 1” | Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Thursday the launch of its new no-annual-fee Visa credit card, Petal 1. The new card is paired with a mobile app t... |
| 24.09.2020 | Petal Raises $55M in Series C Funding | Petal, a New York, NY, and Richmond, VA-based credit card company for people to build credit and spend responsibly, raised $55m in Series C funding.
The round was led by Valar Ventures, with participation from Rosecliff Ventures, Afore Capi... |
| 24.09.2020 | Valar triples down on Petal, leading $55M Series C round into the credit card disruptor | Sometimes raising venture capital can be as simple as talking to your existing investor and having them wire over another check.
When we last caught up with Petal in January 2019, the startup was hot off its $30 million Series B round and w... |
| 17.03.2020 | Now more than ever we need fintechs to lead on consumer transparency | Nik Milanovic Contributor
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Nik Milanovic is a fintech and financial inclusion enthusiast, with a decade of work across mobile payments, online lending, credit and microfinance. The opinions expressed in his articles do not r... |
| 04.10.2019 | Meet Anamitra Banerji, Managing Partner at Afore Capital | Founded in 2016, Afore Capital makes pre-seed investments of between $500k and $1 million
Venture capital used to be a cottage industry, with very few investing in tomorrow's products and services. Oh, how times have changed!
While there ar... |
| 26.09.2019 | Credit Card Company Petal Raises $300 Million In Debt Capital | Petal — a credit card company that helps people financially succeed — announced it closed an uncommitted facility to borrow up to $300 million in debt capital
Petal, a credit card company that helps people financially succeed, recently anno... |
| 19.09.2019 | Credit card startup Petal closes $300M debt facility from Jeffries | Petal, a start-up aimed at providing credit access to Gen Z consumers and other new applicants, said that investment firm Jeffries will provide a $300 million debt facility that will allow it to expand its credit card business.
Petal said t... |
| 18.09.2019 | Petal Completes $300M Debt Facility from Jefferies | Petal, a NYC-based credit card company, closed an uncommitted facility to borrow up to $300m in debt capital from global investment bank Jefferies.
The company entered into a similar facility to borrow up to $30m in debt capital from Jeffer... |
| 18.09.2019 | Afore Capital raises second pre-seed venture capital fund | As expectations from seed investors intensify, a new stage of investment has established itself earlier in the venture-backed company life cycle.
Known as “pre-seed” investing, one of the first legitimate outfits to double down on the stage... |
| 29.01.2019 | Credit card player Petal picks up $30m funding | New York-based credit card firm Petal is back in the money with $30 million in Series B funding.
This is Petal’s second investment from Valar
This investment was led by Valar Ventures, a venture capital fund known for other clever investmen... |
| 29.01.2019 | Petal Secures $300M Debt Financing | Petal, a new kind of credit card company built to help people financially succeed, today announced that it has raised $30 million in Series B funding.
This investment was led by Valar Ventures, a New York-based venture capital fund known fo... |
| 29.01.2019 | Petal Raises $30M in Series B Funding | Petal, a NYC-based credit card company, raised $30m in Series B funding.
The round was led by Valar Ventures, with participation from Greyhound Capital and existing investors Third Prime Capital, Rosecliff Ventures, Story Ventures, RiverPar... |
| 29.01.2019 | Daily funding roundup - January 29th, 2019 | Cargo Chief raised $2.5M; Fertility Focus raised $2.7M; Carbon Relay raised $6M
Cargo Chief: Cargo Chief arithmetically matches trucking supply and demand with unparalleled integrations. Leveraging award-winning patented technology we help ... |
| 29.01.2019 | Peter Thiel’s Valar Ventures leads $30 million investment in next-gen credit card startup Petal | Petal, a fintech startup that offers credit cards to people without credit scores, has raised $30 million in a series B round of funding led by Peter Thiel’s Valar Ventures, with participation from a host of other investors, including Greyh... |
| 29.01.2019 | Petal Secures $300M Debt Financing | Petal, a new kind of credit card company built to help people financially succeed, today announced that it has raised $30 million in Series B funding.
This investment was led by Valar Ventures, a New York-based venture capital fund known fo... |
| 29.01.2019 | Peter Thiel’s Valar Ventures leads $30 million investment in next-gen credit card startup Petal | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Petal, a fintech startup that offers credit cards... |
| 29.01.2019 | Term Sheet — Tuesday, January 29 | DAMAGE CONTROL
Remember the infamous letter that was delivered to ex-Uber CEO Travis Kalanick on June 20, 2017? That letter, which was was written on behalf of Benchmark, First Round Capital, Menlo Ventures, Lowercase Capital, and Fidelity ... |
| 29.01.2019 | Petal raises $30M from Valar to bank the unbanked with credit cards | Credit cards are a relatively new invention that have entered into something of an innovation rut. Reward programs seem stale, mobile apps remain mired in early-2000s UX paradigms and, all too often, critical financial decisions (and their ... |
| 02.10.2018 | Credit Card Startup Petal Raises $34M | Petal, a New York City-based creator of an innovative credit card for people, raised $34M in financing.
Backers included:
– Jefferies, which provided a variable funding note facility, and
– Silicon Valley Bank, which provided an operating c... |
| 02.10.2018 | Petal raises $34 million and launches credit card for people without credit scores | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Fintech startup Petal has raised $34 million in a round of funding from investment bank Jefferies and Silicon Valley Bank, as the New Y... |
| 02.10.2018 | Petal raises $34 million and launches credit card for people without credit scores | Fintech startup Petal has raised $34 million in a round of funding from investment bank Jefferies and Silicon Valley Bank, as the New York-based startup officially launches its alternative credit card to the public.
By way of a quick recap,... |
| 10.01.2018 | Petal nabs $13 million from Peter Thiel’s Valar Ventures, others to get credit cards to people without credit scores | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Fledgling fintech startup Petal has raised $13 mi... |
| 10.01.2018 | Petal gets $13 million to build a credit card for those without a credit history | You might be enjoying the benefits of a credit card with robust rewards today, but odds are when you were first getting started, it was hard to get even close to a card like that.
That’s because, for those just getting started or who have a... |
| 10.01.2018 | Petal Raises $13M In Series A Funding | Petal, a NYC-based credit card startup, raised a $13m round of Series A financing.
The round was led by Valar Ventures, with participation from Third Prime Capital, RiverPark Ventures, and The Social Entrepreneurs’ Fund and existing investo... |
| 10.01.2018 | Term Sheet — Wednesday, January 10 | 5 Qs WITH A DEALMAKER
Before he was a partner at Venrock, David Pakman spent 12 years as an Internet entrepreneur. He was co-founder of Apple Music Group, co-founder of MyPlay (creator of the digital music locker), CEO of eMusic (a digital ... |
| 10.09.2017 | Petal Raises $3.6M Seed from Brooklyn Bridge Ventures | Petal Announces New Credit Card that Does Not Require Credit Scores
Petal uses machine learning to pioneer cash flow underwriting and safely make credit accessible without relying on credit scores.
Petal’s new technology will radically expa... |
| 10.09.2017 | Petal Raises $3.6M Seed from Brooklyn Bridge Ventures | Petal Announces New Credit Card that Does Not Require Credit Scores
Petal uses machine learning to pioneer cash flow underwriting and safely make credit accessible without relying on credit scores.
Petal’s new technology will radically expa... |
| 08.09.2017 | Term Sheet — Friday, September 8 | HOT TAKES
Good morning, Term Sheet readers.
Paid Content Securing the enterprise without boundaries From ExtraHop
To the reader who said he would invest the $100K in “a massage therapy place as the Bay area has so much stress” — trust me, N... |
| - | Bossa Nova Investimentos inaugura operação em Miami e aporta US$1 milhão em 16 startups americanas | Dando continuidade à sua estratégia de expansão, a Bossa Nova Investimentos, empresa de investimento semente liderada pelos empresários Pierre Schurmann e João Kepler, acaba de anunciar a inauguração de sua nova operação em Miami. De olho e... |
| - | Petal | “Credit cards with cash back at many local businesses, no annual or international fees, high limits, and a mobile app that makes it easy to manage your money, track your spending, and automate payments.” |
