Petal Stock
Credit Card and Personal Finance Company
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About Petal Stock
Petal  is a credit card and personal finance company. Petal claims to use machine learning to analyze a customer’s digital financial record, rather than solely relying on a credit score. Petal additionally claims to use cash flow underwriting as an alternative to credit scores, and Petal Cards are designed with the intent of helping customers build credit. Petal's companion App aims to offer a simple, modern digital experience to help members to build credit, avoid debt, and spend responsibly.
Investors
Trinity Capital
Jefferies
Sand Hill Angels
Relativity Space, Commonwealth Fusion, Carbon Health, Collective Health, JUUL, ICON, Guideline, Petal, Madison Reed, Axiom Space
Silicon Badia
Tarsadia Investments
Funding History
| December 2016 | $3.3M |
|---|---|
| December 2017 | $13.7M |
| November 2018 | $251K |
| November 2018 | $2.8M |
| November 2018 | $27.2M |
| December 2019 | $10.1M |
| December 2019 | $10.1M |
| December 2019 | $43.0M |
| February 2021 | $15.3M |
| November 2021 | $40.0M |
| November 2021 | $100.0M |
Management
Chief Executive Officer
Jason Gross
Chief Financial Officer
Andrew Endicott
Press
fintechfutures - Nov, 21 2023
US credit card fintech Petal reportedly eyeing potential salepymnts - Nov, 20 2023
Card Issuer Petal Seeks Buyer Amid Struggle for Capitalbloomberg - Nov, 19 2023
Valar Ventures-Backed Petal Card Seeks Buyer, Fortune Sayspulse2 - Aug, 26 2023
Petal: $200 Million Debt Facility From Victory Park Capital Securedpehub - Aug, 4 2023
Credit card company Petal gathers $220m debt financingEquityZen Recognized As:
