Petal
formerly Petal CardMaking credit history.
New York, United States · Founded 2016 · $273.0M raised
- Headquarters
- New York, New York
- Employees
- 51–200
- Founded
- 2016
- Business Model
- B2C
- Website
- petalcard.com
- Total Funding
- $273.0M
- Last Round
- $35.0M Venture RoundMay 2023
- Rounds
- 5
About
Petal offers Visa credit cards designed for people with limited or no credit history, using bank account cash flow data to assess creditworthiness rather than traditional credit scores. Founded in New York City in 2016, Petal aimed to make credit accessible and transparent. It was acquired by Empower Finance in 2024.
Summary
Petal is a Fintech company based in New York, United States, founded in 2016. It has raised $273.0M in total across 5 rounds, most recently a $35.0M Venture Round round in May 2023. Investors include Valar Ventures, Victory Park Capital and Tarsadia Capital.
Tech & App Stack
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Funding History
Aug 2023
Sign up to see all 6 rounds
Series A through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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