Petal

Petal raises $35M, spins off data unit ‘to bring credit scores into the 21st century’

The United States credit system as it exists today has been around for decades and many would argue it’s long been in need of an overhaul. In the meantime, a number of startups have emerged in recen

Can you build centralized islands in a decentralized ocean?

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. We’re getting back up to full speed this week, so Mary An

Petal nears unicorn status with fresh $140M in capital to upend ‘broken’ traditional credit system

In recent years, there has been a growing number of startups trying to make credit more accessible to consumers.   One such startup, Petal, announced today that it has raised a $140 million Series D

Valar triples down on Petal, leading $55M Series C round into the credit card disruptor

Sometimes raising venture capital can be as simple as talking to your existing investor and having them wire over another check. When we last caught up with Petal in January 2019, the startup was hot

Afore Capital raises second pre-seed venture capital fund

In the last year alone, nine new funds have closed on an aggregate $200 million to invest in pre-seed startups.

Petal raises $30M from Valar to bank the unbanked with credit cards

Credit cards are a relatively new invention that have entered into something of an innovation rut. Reward programs seem stale, mobile apps remain mired in early-2000s UX paradigms and, all too often,

Petal gets $13 million to build a credit card for those without a credit history

You might be enjoying the benefits of a credit card with robust rewards today, but odds are when you were first getting started, it was hard to get even close to a card like that. That’s because