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HomeFinTechDeserve: Raises $50M in Series D Funding

Deserve: Raises $50M in Series D Funding

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Deserve Raises $50M in Series D Funding

  • Deserve, a Palo Alto, Calif.-based fintech company transforming credit cards into a software that lives on mobile, raised $50m in Series D funding round
  • The round was led by Mission Holdings, Mastercard and Ally Ventures with participation from Goldman Sachs Asset Management, Sallie Mae and other existing investors
  • The company intends to use the funds to expand its business reach
  • Led by Kalpesh Kapadia, CEO and Co-Founder, The company provides digital-first, mobile-centric API and SDK based credit card solutions
  • The company’s core services are modular in nature and are API and SDK enabled so they can be deeply embedded in a partner’s own core experience
  • The platform will allow the company to deliver additional lending products that might

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