California based credit card-as-a-service software platform raised $50m in Series D funding from Mission Holdings, Mastercard, and Ally Ventures.
“This investment validates the industry’s embrace of a digital-first approach, ...We have rebuilt the consumer’s entire credit card experience from the ground up, transforming the plastic credit card into software that delivers a superior digital experience and forever changes how we use credit cards to make payments, earn rewards and borrow money.” said Kalpesh Kapadia, CEO and Co-Founder.