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Last week, the fintech company Petal added a new credit card to its portfolio, the Petal 1 card. Like the original Petal Visa Card—now referred to as the Petal 2—the new card is for people with less-than-stellar credit. However, some of the terms are less appealing than the Petal 2’s, […]
Petal
Petal launches credit card for people with poor credit
US fintech startup Petal has unveiled a credit card designed for people with non-prime credit scores in the wake of the Covid-19 crisis. Petal 1 is the firm’s second credit card. Like the first, it is a no-annual fee Visa card paired with a mobile app. However, while the […]
Petal 1 “No Annual Fee” Visa Credit Card Review
On Oct. 1, Petal launched a second no-annual-fee credit card designed for those with no or less-than-stellar credit. If you’re struggling to qualify for a credit card, there’s now another option that could make it easier. With the newly launched Petal 1 “No Annual Fee” Visa® Credit Card, credit card newbies […]
Petal 1 Visa and Petal 2 Visa Credit Card Comparison
Petal (backed by WebBank) has a reputation for offering one of the best credit cards for newbies. It recently updated its credit card program with two no-annual-fee cards designed for those with no credit history or poor/average credit. On Oct. 1, Petal launched the new Petal 1 “No Annual Fee” Visa® […]
Petal raises $55m for credit card targeting underbanked
Petal, a US credit card startup that is ditching traditional credit scores in an effort to sign up young people and the underbanked, has closed a $55 million Series C funding round led by Valar Ventures. Rosecliff Ventures, Afore Capital, RiverPark Ventures, Great Oaks Venture Capital, GR Capital, Nelstone […]
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. Load Error When we last caught up with Petal in January 2019, the startup was hot off its $30 million Series B round and was accelerating its mission to […]
The Petal Visa Is a Perfect Card if You Have Average Credit and Want Good Cash Back Rewards
When you have “fair” or “average” credit, searching for a new card can feel like walking through minefield. Just when everything seems safe, you could be faced with an extremely high fee or an exorbitant interest rate — or simply be declined for what seemed like a good card for […]