Petal

About:

Petal is a financial technology company that offers three Visa credit card products for underserved consumers.

Website: https://www.petalcard.com

Twitter/X: Petal

Top Investors: Trinity Capital, Afore Capital, Jefferies, Abstract Ventures, Gaingels

Description:

Petal  is a credit card company that is built to help people financially succeed. It aims to make credit honest, simple, and accessible. The company uses machine learning to analyze a customer’s full digital financial record—not just their credit score. Petal has pioneered cash flow underwriting, as an alternative to credit scores, to make credit more accessible, and offers a simple, modern digital experience that encourages members to build credit, avoid debt, and spend responsibly. Petal is based in New York, New York, and Richmond, Virginia. The Petal credit card is issued by WebBank, Member FDIC.