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, critical financial decisions (and their expensive associated fees) are hidden like booby-traps for users. Little wonder then that consumers are fed up with […]
View More Petal raises $30m from Valar to bank the unbanked with credit cardsCategory: valar ventures
Startups Weekly: Squad’s screen-shares and Slack’s swastika
We’re three weeks into January. We’ve recovered from our CES hangover and, hopefully, from the CES flu. We’ve started writing the correct year, 2019, not 2018. Venture capitalists have gone full steam ahead with fundraising efforts, several startups have closed multi-hundred million dollar rounds, a virtual influencer raised equity funding and yet, all anyone wants to talk […]
View More Startups Weekly: Squad’s screen-shares and Slack’s swastikaPeter Thiel’s Valar Ventures targets $350M for new funds
Valar Ventures plans to raise $350 million across two new funds, according to a pair of SEC documents filed this morning.
View More Peter Thiel’s Valar Ventures targets $350M for new fundsPetal’s no-fee credit card for the credit score-less is now open to the public
Petal, the startup credit card company that’s offering a no-fee credit line to people without a credit history, is now publicly available. Launched earlier this year by co-founders Jason Gross, Andrew Endicott, Andrew Ehrich, and Jake Arenas, Petal has received a $34 million credit facility from Jeffries and Silicon Valley Bank to bring its consumer […]
View More Petal’s no-fee credit card for the credit score-less is now open to the publicEven raises $40m to transform the working class to the savings class
The working class of the United States doesn’t get many breaks these days. It’s not just a function of low pay and long hours, but also the incredible uncertainty of income and expenses that makes surviving week-to-week so challenging. One in five Americans have a negative net wealth, even in an economy where the unemployment […]
View More Even raises $40m to transform the working class to the savings classCoya raises $30 million to launch its insurance service in Europe
Coya, a Berlin-based insurance startup, has raised $30 million in new cash as investors around the world continue to see opportunities in modernizing the insurance industry. Founded by two early employees at the European credit and risk assessment unicorn startup Kreditech (which raised EUR110 million from the Naspers subsidiary PayU) and two seasoned executives from […]
View More Coya raises $30 million to launch its insurance service in Europe