Credit card startup using cash-flow underwriting to help build credit.
| Date | Round | Amount |
|---|---|---|
| Apr 2024 | Acquired by Empower Finance Empower Finance agreed to acquire credit-card startup Petal; terms undisclosed. | — |
| May 2023 | Bridge Petal raised an additional $35M in strategic financing while spinning off its data unit, with Synchrony Bank and Samsung Next participating. | $35M |
| Jan 2022 | Series D Plus Credit-card fintech Petal raised a 140M USD Series D led by Tarsadia Investments at an 800M USD valuation. | $140M |