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Petal was acquired by Empower Finance in 2024. Petal's aim is to bring financial innovation and opportunity to everyone. We use modern technology to help people build credit, avoid debt, and spend responsibly. When you apply for Petal, we use your banking history to instantly create a Cash Score — a measure of your creditworthiness based on income, spending, and savings history. It could help you qualify for a Petal credit card, even if you've never had credit before.
Investor insights
Funding rounds participated in
$20M sweet spot round size
Investor type
Privately Held
Basic info
Industry
Financial Services
Sectors
Financial Services
Date founded
2016
Funding rounds raised
Total raised
$20M
from 2 investors over 1 rounds
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Petal raised $20M on September 3, 2023
Investors: Trinity Capital and + 1 Other investor