Petal CEO: Using Cashflow — Not FICO — To Issue Credit Cards
PYMNTS
APRIL 4, 2018
Petal wants to change the math on how consumers gain access to credit – and turn the tables on how creditworthiness is assessed. At a basic level, that meant designing their app around an entirely mobile-first experience, to maximize accessibility for the millennial consumer group, who they forecasted would be among its heaviest users.
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