Petal
formerly Petal CardMaking credit history.
New York City, United States · Founded 2016 · $238.0M raised
- Headquarters
- New York City, New York
- Employees
- 51–200
- Founded
- 2016
- Business Model
- B2C
- Website
- petalcard.com
- Total Funding
- $238.0M
- Last Round
- $140.0M Series DJan 2022
- Rounds
- 4
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 City, United States, founded in 2016. It has raised $238.0M in total across 4 rounds, most recently a $140.0M Series D round in Jan 2022. Investors include Valar Ventures and Tarsadia Capital.
Tech & App Stack
14 technologies & apps tracked
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Funding History
Jan 2022
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Investors
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