How much funding has Metris Companies raised?

Metris Companies has raised $300.0M in total funding, most recently a Corporate Round.

Who are Metris Companies's investors?

Metris Companies's investors include HSBC, Thomas H. Lee Partners.

When was Metris Companies founded?

Metris Companies was founded in 1994.

Where is Metris Companies headquartered?

Metris Companies is headquartered in Minnetonka, Minnesota, United States.

What industry is Metris Companies in?

Metris Companies operates in Fintech.

How many employees does Metris Companies have?

Metris Companies has 1001-5000 employees.

Metris Companies

Closed

Minnetonka, United States · Founded 1994 · $300.0M raised

Fintech

Headquarters: Minnetonka, Minnesota
Employees: 1001–5000
Founded: 1994
Business Model: B2C

Website: metriscompanies.com
Total Funding: $300.0M
Last Round: $300.0M Corporate RoundNov 1998
Rounds: 1

About

Metris Companies Inc. (NYSE: MXT) was one of the largest bankcard issuers in the United States, headquartered in Minnetonka, Minnesota. Founded in 1994, Metris issued credit cards primarily through its wholly-owned subsidiary Direct Merchants Credit Card Bank targeting the near-prime and low-to-moderate income consumer segment. Metris was acquired by HSBC Finance Corporation in 2005 for approximately .59 billion.

Summary

Metris Companies is a Fintech company based in Minnetonka, United States, founded in 1994. It has raised $300.0M in total across 1 round, most recently a $300.0M Corporate Round round in Nov 1998. Investors include HSBC and Thomas H. Lee Partners.