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Credit card company Petal, which was created to help people build credit and spend frugally, has raised $140 million in a Series D round led by Tarsadia Investments.Jason Gross, co-founder and CEO, announced the news in a Medium post Wednesday Jan. 5 , adding that 2021 was a breakout year for the company. At a time when consumers faced unprecedented barriers to accessing credit, we bucked the trend 鈥?using our unique technology to expand access like never before, Gross said in the post.Petal helps build credit through providing Visa <a href=https://www.cups-stanley.uk>stanley cup uk</a> cards, and users are able to qualify for the cards even if theyve never used credit. Petals technology analyzes banking history and measures creditworthiness based on income, spending and savings.By measuring credit through cash flows and other things not usually co <a href=https://www.cups-stanley-cups.ca>stanley ca</a> nsidered by a credit application, Petal helps more people qualify, particularly in the pandemics strenuous economy. The post notes that Petal has strived to reach underserved customers, with many members having thin or no credit history when they first applied for a card.The press release says Petal has tripled its user base in the last year and seen its monthly revenue quadruple.Petal also recently debuted <a href=https://www.cups-stanley-cups.ca>stanley cup canada</a> the business-to-business B2B enterprise service Prism Data, which makes use of the companys CashScore credit scoring program, translating raw transaction data into usable insights and scores.Gross said the company has big plans for this year, including with the hiring of Er Aafm Adding New Layers To The Retail Experience
The Colorado Department of Revenue has revealed that the state 聽regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year.Last year, regulated marijuana sales in Colorado were nearly $1.55 billion, <a href=https://www.stanleycup.fr>stanley cup</a> an increase of about 3 percent from just over $1.5 billion the previous year. And the state marijuana taxes, including licenses and fees from dispensaries, were more than $266.5 million in 2018 鈥?up nearly 8 percent from $247 million in 2017.聽To dat <a href=https://www.stanleycups.cz>stanley termohrnek</a> e, marijuana tax, license and fee revenue totals for Colorado are over $927 million.The state marijuana business doesnt show any signs of slowing, either. In October, the agency said that marijuana business licenses comprised 77 percent of all new licenses in the first half of 2018.In comparison, California 8216 marijuana market has struggled since sales began in January 2018. Its marijuana tax revenue came in $101 million below projections in the first six months of last year. According to CNBC, the state has blamed its issues on higher taxes placed on the industry and limited access to banking. Legislators are trying to find ways to help: Last year,聽California policymakers introduced a bill that would allow banks and credit unions to provide account services for legal cannabis companies.聽Other policymakers have co <a href=https://www.stanleycup.com.de>stanley quencher</a> nsidered the establishment of a state-backed bank to provide financial services for the indus
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