Mastercard and Ally Ventures co-led a round which will support the credit card services provider's expansion, boosting its total funding to over $140m.
Deserve, a US-based developer of digital credit card technology, has secured $50m in a series D round co-led by payment services firm Mastercard and Ally Ventures, part of financial services holding company Ally Financial.
The round was co-led with investment firm Mission Holdings and also featured financial services firm Sallie Mae and investment bank Goldman Sachs’ Asset Management division. It valued the company at more than $500m, according to Bloomberg.
Founded in 2013 as SelfScore, Deserve uses machine learning and…
