Petal nears unicorn status with fresh $140M in capital to upend ‘broken’ traditional credit system

In recent years, there has been a growing number of startups trying to make credit more accessible to consumers.   One such startup, Petal, announced today that it has raised a $140 million Series D round of funding.  The company’s new valuation is $800 million — more than triple what Petal was valued at when […]

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  • John K. White

    John has been in communications since graduating from Creative Communications at Red River College Polytechnic in Winnipeg in 1992. He launched one of Canada's first digital-only local news sites called Winnipeg First in 2007, which led to digital editor postings with the Winnipeg Free Press and Edmonton Journal. In 2012 he joined Bankless Times as managing editor, later becoming president and CEO. He and the Bankless Media co-founders completed a sale and exit in August 2021.