PYMNTS-MonitorEdge-May-2024

X1

Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
Cash-Strapped Tech Startups Seek Acquisitions to Stay Afloat
July 14, 2023  |  Acquisitions

Cash-strapped tech startups facing a financing crunch are increasingly seeking to sell themselves to larger companies, launching a wave of takeovers of popular artificial intelligence...

READ MORE >
Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
June 22, 2023  |  Acquisitions

Robinhood Markets announced on Thursday (June 22) the acquisition of San Francisco-based FinTech firm X1, which offers users a no-fee income-based credit card with rewards...

READ MORE >
X1 Card Raises $12 Million In Funding Round Led By Spark Capital
X1 Card Raises $12 Million In Funding Round Led By Spark Capital
January 14, 2021  |  Investments

Silicon Valley credit card startup X1 raised $12 million in a funding round led by Spark Capital, a backer of Twitter, Plaid, Slack and Affirm....

READ MORE >