Tagged: petal

Petal Completes $300 Million Debt Facility From Jefferies

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has completed a $300 million debt facility with Jefferies. Petal reported that it entered into a similar facility to borrow up to $30 million in debt… Read More

U.S. Fintech Petal Secures $30 Million Through Series B Funding Round Led By Peter Thiel’s Valar Ventures

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, secured $30 million through its Series B funding round, which was reportedly led by Peter Thiel’s Valar Ventures. This news comes just one year after Valar Venture led Petal’s $13 million… Read More

New York Fintech Petal Raises $13 Million Through Series A Funding Round Led By Peter Thiel’s Valar Ventures

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it raised $13 million through Series A financing round, which was led by Peter Thiel’s Valar Ventures. Founded in 2016, the fintech company is looking to build a… Read More

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