Press

Visa Inc. has joined rival Mastercard Inc. as an investor in Deserve, the credit-card technology startup’s chief executive officer said in an interview.

“Our partnership with Visa in crypto will power interesting use cases around rewards, payments and settlements for credit card transactions,” Deserve co-founder and CEO Kalpesh Kapadia said.

“We are Instagram to the credit-card industry’s Kodak,” Kapadia said, referencing Deserve’s plastic- and metal-free operations. Its software enables companies to offer digital credit cards that can be applied for and used on iPhones or Android devices.

“We created the smartest credit card experience that’s ever been offered to consumers,” said Deserve CEO and Co-Founder Kalpesh Kapadia.

Notre Dame Global Partnership (NDGP), the multimedia rightsholder for the University of Notre Dame’s Athletics Department, today announced a partnership with digital-first fintech innovator Deserve, and the launch of the new Notre Dame PRO Mastercard for alumni and fans.

The next time you’re binging on Netflix or assembling a Spotify playlist, you could be earning rewards on that subscription.

Deserve, a US-based fintech that provides credit cards to nontraditional consumers, like students and those lacking credit histories, has secured $50 million in a Series C funding round, reports CNBC.

Deserve, a credit card startup helping young people establish themselves, as well as a cloud-based credit card platform for businesses, has raised $50 million in a new round of Series C funding led by Goldman Sachs.