Peter Thiel raises more funds for credit card innovator Petal


Petal, known for providing credit cards to young people and others who lack a credit history, secured a new round of funding.

Just three months after raising $34 million from Jefferies and Silicon Valley Bank, the New York-based startup pulled in an additional $30 million in venture funding.

This time the funding round was led by existing investor Peter Thiel through his firm Valar Ventures.

Greyhound Capital, a new investor, also contributed to the effort along with Third Prime Capital, Rosecliff…

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