Series D is for Determination

More important than the financial results, we’re creating the kind of social impact we intend. A majority of Petal members had thin or no credit history when they were first approved for a Petal Card, and more than 40% of new members approved for a Petal Card in 2021 were first denied credit by a major bank. Petal members who joined with no prior credit history have gone on to achieve an average credit score of 676 — a “prime” score potentially qualifying them for auto loans, mortgages, and other financial opportunities previously out of their reach.

Best wishes,

Jason

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