The company’s new valuation is $800 million — more than triple what Petal was valued at when it announced a $55 million Series C round in September of 2020, according to a source familiar with ...

Petal Card is seeking a buyer as doubts loom about the fintech’s survival, according to five private equity, venture and banking sources. Petal has tapped Goldman Sachs to advise on the process ...

The right Petal card for you will depend on your credit history or cash flow. Get to know the requirements for the Petal 1 and Petal 2 credit cards.

Affected cardholders will have their Petal 2 account replaced by a Petal 1 Rise account that charges the $8 monthly fee and earns the same rewards as Petal 2 — up to 1.5% cash back on all purchases.

The week of June 12, some holders of the Petal® 2 “Cash Back, No Fees” Visa® Credit Card* received a Change-in-Terms Notice that their cards will be downgraded to a version of the Petal 1 ...