Deserve
Latest round
- Series D
Last raised
- Jun 2021
Total raised
- $143M
Investors
- 10
About Deserve
Deserve, Inc.Founded in 2013 by Kalpesh Kapadia and Mohab Emara, Deserve, Inc. operates from its headquarters in Palo Alto, California, US.Deserve offers a comprehensive mobile-first credit card platform designed to empower businesses, financial institutions, and fintechs to launch their own branded credit card programs. The core product allows clients to create a seamless user experience by providing customizable features such as real-time card issuance, payment processing, and rewards management. The platform supports various functionalities, including underwriting processes that integrate credit bureau data and proprietary information to optimize credit performance. This solution is tailored for a diverse client base, including banks, fintech companies, and brand partners, across multiple geographical markets including North America and Europe.Deserve's revenue model is primarily driven by partnerships with banks and fintechs, facilitating the launch and management of credit card programs. Transactions typically occur through a fee structure tied to card issuance, transaction processing, and associated services. Clients benefit from a full package that includes dispute management, credit bureau reporting, and customizable rewards systems. The platform's architecture allows for scalable solutions, accommodating millions of users, which further enhances transaction volume.In May 2022, Deserve, Inc. The company plans to utilize the funds to enhance product offerings and expand its market reach. Specific plans include launching new features aimed at improving user experience and exploring opportunities in additional geographic regions.
Who invested in Deserve
10 investors across 6 rounds
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Questions about Deserve
Who invested in Deserve?
Deserve has 10 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Deserve raised?
Deserve has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Deserve last raise money?
Deserve's most recent round on record is a Series D, in Jun 2021.
What does Deserve do?
Deserve is a financial services company.
Where is Deserve headquartered?
Deserve is headquartered in Palo Alto, US.
Which VCs invest in companies like Deserve?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Deserve's stage. Their profiles are linked below.
VCs backing financial services startups at Series D
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