The Menlo Park based credit card startup has secured $17m in Series C funding. Backers include Accel, Aspect Ventures, Pelion Ventures, Mission Holdings, Alumni Venture Group, and GDP Venture.
The company recently introduced a new mobile application that allows Deserve cardholders to manage finances, build credit and earn rewards. The app includes a financial literacy section comprised of credit education, videos and blogs. Additionally, Deserve is teaming up with key partners to launch a new perks program that gives cardholders access to exclusive offers like MasterCard Premium benefits such as Car Rental Collision Damage Waiver, Travel Assistance Services, Extended Warranty, Roadside Assistance, Price Protection, and ID Theft Protection.