Cred.ai Scores over $18M in Series A Round of Financing

By CIO Applications| Monday, August 31, 2020

The round was led by Darco Capital with active participation from individual investors, including Tim Armstrong. It is also supported by Fanatics executive chairman Michael Rubin, and John Legend, among others.

FREMONT, CA: Cred.ai, a Philadelphia, Pa.-based fintech startup, closed more than $18m in Series A funding.

The round was led by Darco Capital with active participation from individual investors, including Tim Armstrong. It is also supported by Fanatics executive chairman Michael Rubin, and John Legend, among others.

The company plans to use the capital to continue to expand operations and its business reach.

Led by CEO Ry Brown and co-founder David Adelman, cred.ai provides a credit card product that offers no fees, no interest, credit optimization, self-destructing account numbers, customizable settings, and spending on future paychecks.