Petal company logo
Responsible credit for the modern world51-200 Employees
  • B2C
  • Scale Stage
    Rapidly increasing operations
  • Valuation $500M+
    This company has a valuation of $500M or more
  • 4.8
    Highly rated
    Petal is highly rated on Glassdoor, with 4.8 out of 5 stars
  • 4.4
    Work / Life Balance
    Employees rate Petal 4.4/5 on Glassdoor for work / life balance
  • 4.8
    Strong Leadership
    Employees rate Petal 4.8/5 on Glassdoor for faith in leadership
Website
Locations
Company size
51-200 people
Total raised
$380.6M
Company type
Startup
Markets
Financial ServicesMachine LearningPersonal FinanceFinance TechnologyCredit CardsFin Tech
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Petal careers

Responsible credit for the modern world
Petal is a simple, no-fee credit card that doesn't require a credit score.

A credit card without any fees, that you can apply for without a credit history, that never tries to trick you, and gives millions of Americans access to credit who have previously been overlooked.

That's the kind of credit card company we want to be – one that helps you build credit.

Petal uses the latest methods in machine learning to analyze a consumer's full digital financial record, rather than just their credit score, which allows us to provide more credit, lower interest rates, and no fees whatsoever, even to consumers who have never used credit in the past. The Petal digital product incorporates behavioral science and smart, intuitive design to bring transparency and simplicity to the experience of owning and using a credit card.
Jobs

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David Ehrich
Avatar for David Ehrich
McKinsey, American Express Prepaid, JPMC Head of Credit Card Strategy, Bank On (bank accounts for the unbanked with no overdraft fees)
Avatar for Jack Arenas
Co-Founder & CTO @Modern Life. Co-Founder @Petal. Former software engineer @TripleLift, @Goldman Sachs, and @Amazon. CS & Econ @UC Berkeley
Andrew Endicott
Avatar for Andrew Endicott
Co-founder at Petal. Former M&A banker at Lazard, corporate at Willkie Farr.
Avatar for Jason (Gross) Rosen
Co-Founder/CEO @Petal • Former attorney @Arbor @Gunderson Dettmer @Sullivan&Cromwell • JD @Harvard Law School
Valuation

$800M

Funded over

6 rounds

Latest round

Series D (Dec 2021)

Healthcare benefit

Generous vacation benefit

Company meals benefit

Pet friendly benefit

Company events benefit

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