Petal, a U.S.-based fintech and credit card startup that eschews traditional credit scoring inputs in an effort to attract young people and the underbanked, has raised $35 million in capital, while simultaneously spinning off its B2B-focused subsidiary Prism Data. Valar Ventures spearheaded the investment along with RiverPark Ventures, Core Innovation Capital, and Story Ventures.
Petal Raises $35M; Spins off B2B Unit
