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Cardless Raises $30 Million for Developing Co-Branded Credit Cards and Expanding Partnerships
Nov 26, 2024•over 1 year ago
Contract Type
partnership
San FranciscoInformation Technologyinformation technology & servicesDescription
Cardless has secured $30 million in funding to further develop co-branded credit card and loyalty products. The company plans to utilize the funding to expand partnerships in major retail, eCommerce, and small and medium-sized business (SMB) markets. Cardless has also partnered with Qatar Airways and Alibaba to provide financial products and rewards for SMBs.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months