Petal Revenue and Competitors

Claim your profile

Location

#36

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • Petal's estimated annual revenue is currently $33.1M per year.(i)
  • Petal's estimated revenue per employee is $139,750
  • Petal's total funding is $705M.
  • Petal's current valuation is $800M. (January 2022)

Employee Data

  • Petal has 237 Employees.(i)
  • Petal grew their employee count by 45% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$304.7M163932%$2.3B$25B
#2
$5.6M48167%N/AN/A
#3
$43108M219939N/AN/AN/A

Petal is a credit card company built to help people succeed financially. Our credit card is designed with no fees (variable APRs range from 15.24-26.24%), no financial traps and doesn't require you to have had any prior experience with credit. Our goal is to help Americans everywhere start building credit. Tens of millions of Americans have no credit score at all, and millions more have short credit histories that may not tell the whole story. That’s a problem since building credit is a necessity for many of life’s most important milestones, like buying your first car, starting a small business, or purchasing a home. And bad credit can cost as much as $250,000 over the course of your lifetime (in fees, interest and other charges). Fees were the first thing we got rid of. No overdraft fees, late fees, international fees, annual fees, or any-other-kind-of-fee, fees. Then we thought about ways to use modern technology, and a little bit of common sense, to help more people qualify. And that gave us Petal, a Visa credit card with high limits and low rates that you can qualify for even if you’ve never used credit before.

keywords:N/A

$705M

Total Funding

237

Number of Employees

$33.1M

Revenue (est)

45%

Employee Growth %

$800M

Valuation

N/A

Accelerator

Petal News

2022-04-20 - ‘RHOD’ revelations: The truth behind LaConco and ‘Petal’

RHOD': After a season full of speculation, Jacob Zuma's 'baby mama' LaConco revealed the truth about her new love interest 'Petal.' Alicia...

2022-04-19 - Experience more on Petal Search with the Brand-New nova 9 ...

Now, all you need to do is fill it with your favourite apps. Being the native search engine of HUAWEI Mobile Services (HMS), Petal Search comes...

2022-04-13 - Design of an ultra-wideband omnidirectional and polarization ...

... omnidirectional and polarization insensitive flower petal antenna for ... we have designed an UWB antenna based on tapered flower petals...

2021-04-27 - Introducing Prism Data and the CashScore: Petal's Transaction Intelligence Platform–and Cash Flow Underwriting–Now Available to the Broader Market for the First Time

Logo for Prism Data, Petal's new B2B enterprise product “Prism Data is the next great step in furthering Petal’s original mission to democratize access to credit, now by empowering other organizations to serve more customers, build better products, and make smarter decisions." – Petal and Prism ...

2021-04-07 - Petal names Eli Corbett as General Counsel and Chief Compliance Officer

NEW YORK (PRWEB) April 07, 2021 Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has named Elizabeth (“Eli”) Corbett as its General Counsel and Chief Compliance Officer. “Eli brings an incredible diversity of expertise ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$51.5M23725%$235M
#2
$15M237-10%N/A
#3
$46.9M237N/AN/A
#4
$65.2M2377%N/A
#5
$39.1M2375%N/A