Cardless Raises $60M Series C On Heels of Coinbase & Bilt Partnerships, Supercharging Effort to Transform the Credit Card Industry
Cardless, the credit card platform that lets product-first companies design and launch cards in-house, today announced a $60 million Series C growth round led by Spark Capital. With this round, Cardless has raised over $170 million to date, with continued support from Activant Capital, Industry Ventures, Pear VC, and others. Spark has a track record of backing companies that reshape industries — including Slack, Twitter, and Coinbase — and notably led Anthropic’s $450 million Series C in 2023.
Cardless Unveils Embedded Credit Card Platform, with Coinbase as First Partner
Cardless, a leading fintech innovator known for its transformative credit card technology, today announced the launch of its embedded credit card platform, a breakthrough solution designed to help brands build their own credit card programs. Coinbase (Nasdaq: COIN), the largest U.S.-based cryptocurrency platform, is the inaugural partner utilizing this infrastructure to build the Coinbase One Card, a premium consumer credit offering for Coinbase loyalty members integrated directly into the Coinbase digital experience.
