This is Petal’s second investment from Valar, which was also the lead investor in its Series A funding round. Back in October 2018, Petal got USD 34 million in financing.
As part of this latest round, Greyhound Capital is joining as a new investor and the company’s existing ones also participated. These include Third Prime Capital, Rosecliff Ventures, Story Ventures, RiverPark Ventures and Afore Capital.
Moreover, Petal plans to offer credit to users who have no credit score or prior experience with credit. Their first product, the Petal Visa card, was launched in October 2018.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright