Petal
Company

Last deal

$220M

Amount

Debt Financing

Stage

03.08.2023

Date

21

all rounds

$992.6M

Total amount

General

About Company
Petal is a credit card company that helps people build credit.

Industry

Sector :

Subsector :

Also Known As

CreditBridge

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Petal is a credit card company that aims to make credit honest, simple, and accessible. They offer a no-fee credit card that doesn't require a credit score and uses machine learning to analyze a customer's full digital financial record. Petal's digital product incorporates behavioral science and smart design to provide a transparent and intuitive credit card experience. They are based in New York and Richmond and their credit card is issued by WebBank.
Contacts

Phone number

Social url