X1, the smartest credit card ever made, raises $12 million

Jan 14, 2021•over 4 years ago

Amount Raised

$12 Million

San FranciscoSoftware

Description

X1 today announces a $12 million investment led by Spark Capital with participation from Jared Leto, Box CEO Aaron Levie, Yelp CEO Jeremy Stoppelman, Affirm CEO and PayPal co-founder Max Levchin and Y Combinator Continuity CEO Ali Rowghani.

Company Information

Company

X1 Card

Location

San Francisco, California, United States

About

X1 Card is the smartest credit card ever made. Built with 17g of stainless steel and laser etching technology, X1 Card reimagines the credit card from the ground up. It harnesses the power of technology to offer smart credit limits, an unparalleled rewards program, and automated features that will transform the way you shop and spend. X1 Card is partnered with Visa Signature, allowing cardholders to use it at more than 46 million merchants around the world. The company is cofounded by Twitter alums Deepak Rao and Siddharth Batra and backed by FPV Ventures, Spark Capital, Affirm and PayPal co-founder Max Levchin, PayPal founding COO David Sacks, Harrison Metal founder Michael Dearing, former Twitter COO Adam Bain, the former president of American Express, Libra co-creator & Instagram’s former head of product, the CEOs of Box, Yelp, and Y Combinator Continuity, Jared Leto and more. To learn more, visit https://x1.co/.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

X1, the smartest credit card ever made, raises $12 million

Description

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Company Information