Reported 1 day ago
Cardless, an innovative credit card platform, has successfully closed a $60 million Series C funding round, led by Spark Capital, increasing its total funding to over $170 million. The company, which allows brands to launch customized credit cards quickly and manage them without the complexities of traditional banking, aims to reshape the $200 billion credit card industry. With partnerships from major brands like Coinbase and Bilt, Cardless reports significant growth in transactions and plans to utilize the new capital to expand its offerings and develop more personalized financial services.
Source: YAHOO