Startups
Petal
Edit

Petal

https://www.petalcard.com/
Last activity: 14.05.2024
Active
Categories: DesignFinTechInterestITLearnMobileProductScienceSmartTechnology
Petal – responsible credit for the modern world.
Likes
5.51K
Followers
2.69K
Followers
9.23K
Website visits
769K /mo.
Mentions
51

Overview

Location
United States, New York
Employees
51-200
Total raised
$1.25B
Founded date
2016

Investors 22

Show more

Funding Rounds 11

DateSeriesAmountInvestors
Sign up to seeSign up to seeSign up to seeSign up to see
May 10, 2023Funding round$35M
Jan 31, 2022Series D round$140M
Jan 14, 2022Secondary sale$1.2M
Feb 24, 2021Funding round$125M
Sep 24, 2020Series C round$55M
Sep 18, 2019Funding round$300M
Jan 29, 2019Series B round$300M
Oct 2, 2018Funding round$34M
Jan 10, 2018Series A round$13M
Show more

Mentions in press and media 51

DateTitleDescription
Sign up to seeSign up to seeSign up to see
Apr 14, 2024TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making moneyWelcome 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...
Apr 3, 2024State of play: Fintechs pivot from B2C to B2BFintechs 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'...
Aug 3, 2023Petal 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...
Aug 3, 2023Credit Card Tech Firm Petal Receives $200 Million in Debt CapitalPetal, 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...
Aug 3, 2023Petal Closes $240M in Debt and EquityPetal, 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...
May 10, 2023Petal Raises $35M in FundingPetal, 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....
May 10, 2023Petal Raises $35 Million in New Funding, Spins Off B2B Data Analytics Unit Prism DataErin 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...
Dec 7, 2022Prism Data Unveils CashScore v3, the Next Generation of Credit ScoringCashScore 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...
May 12, 2022Petal Appoints Ali Heron as its Chief Technology OfficerAli 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...
Show more

Reviews 0

Sign up to leave a review

Sign up Log In

FAQ about Petal

When was Petal founded?

Petal was founded in 2016.

How much funding has Petal raised?

Petal has raised $1.25B in total across 11 funding rounds.

What funding rounds has Petal raised?

Parsers VC lists 11 funding rounds of Petal, among them a funding round of $35M on May 10, 2023, a Series D round of $140M on Jan 31, 2022 and a secondary sale of $1.2M on Jan 14, 2022.

Who has invested in Petal?

Parsers VC lists 22 investors of Petal, among them Story Ventures, Brooklyn Bridge Ventures and Starta VC.

What has the press written about Petal?

Parsers VC has collected 51 articles mentioning Petal, among them “TechCrunch Fintech: Meet PayJoy, a fintech operating at the intersection of doing good and making money” (Apr 14, 2024) and “State of play: Fintechs pivot from B2C to B2B” (Apr 3, 2024).

Is Petal still active?

Yes, Petal is active; its latest activity on Parsers VC dates from May 14, 2024.