Petal
formerly Petal CardMaking credit history.
Petal was founded in 2016, is headquartered in New York, United States, lists 51–200 employees, and has $273.0M in recorded funding across 5 rounds.
- 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
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 6 funding rounds and 5 investors for this company. The full record is or through the API.
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 lists 51–200 employees. It has raised $273.0M in total across 5 rounds, most recently a $35.0M Venture 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
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Funding: Series A through Venture Round. Amounts, valuations, and investors where available.
Investors
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