Petal
Petal is a financial technology company that offers three Visa credit card products for underserved consumers.
About Petal
Petal is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record’not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.
Company Facts
- Headquarters
- New York
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00001_00010
- Funding Stage
- m_and_a
- Total Funding
- $992,600,000
- Last Funding Type
- debt_financing
- Last Funding Date
- 2023-08-03
- Website
- petalcard.com
Industries & Categories
Credit Cards, Financial Services, FinTech, Machine Learning
Social Links
Canonical: https://fsome.com/organization/petal-32412 · For the full interactive profile (funding rounds, investors, team, portfolio, charts), please enable JavaScript.