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Power was the first credit card issuer built on modern tech, from the ground up. Our cloud-native platform was tailored to meet the needs of high-growth brands who used Power, providing them solutions that were not been supported previously. Power was founded by Randy Fernando and Andrew Dust, and was backed by Anthemis, Fin Capital, Financial Venture Studio, CRV, Dash Fund, Plug and Play and others.
Investor insights
Funding rounds participated in
$16M sweet spot round size
Investor type
Privately Held
Basic info
Industry
Financial Services
Sectors
Financial Services
Funding rounds raised
Total raised
$16M
from 3 investors over 1 rounds
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Power (acquired by Marqeta) raised $16M on October 14, 2022
Investors: Fin Capital, Anthemis and + 8 Other investors