Goldman Sachs has explored purchasing a payments technology company to enhance its credit card offerings. That’s according to a Wall Street Journal report Tuesday (Nov. 8), in which people with knowledge of the matter say the bank discussed acquiring credit card platforms Deserve and Cardless,...
Credit card startup Deserve on Wednesday (May 11) secured a $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management that will help the platform expand its digital credit card offering to more people in more places, according to a company press...
Today in B2B payments, BizPay and Arcadier form a B2B buy now, pay later (BNPL) partnership, while Bosch acquired autonomous driving firm Five AI. Plus, Surecomp debuts a duplicate financing fraud tool, Deserve launches a card platform for banks and B2B companies, Trade X enters...
Credit card startup Deserve has debuted what it calls a first-of-its-kind platform that lets banks and B2B companies launch corporate credit and charge cards. “A recent study from the Mercator Advisory Group found that small businesses will drive more than $700 billion in credit card...
October 24, 2023
Deserve, a mobile-first credit card issuing platform, launched new digital processing capabilities that aim to help banks and credit unions transform digital payment experiences. The capabilities, built using Mastercard technologies, provide direct connectivity to the Mastercard network for mobile apps or software development kits, Deserve said in a Tuesday (Oct. 24) press release. They are […]
November 08, 2022
Goldman Sachs has explored purchasing a payments technology company to enhance its credit card offerings. That’s according to a Wall Street Journal report Tuesday (Nov. 8), in which people with...
May 11, 2022
Credit card startup Deserve on Wednesday (May 11) secured a $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management that will help the platform expand its...
October 27, 2021
Credit-card-as-a-service company Deserve got a fresh infusion of capital from strategic investor Visa, joining other brand name backers like Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie...
