X1, the smartest credit card ever made, raises $12 million
SAN FRANCISCO, Jan. 14, 2021 /PRNewswire/ -- 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.
Ash Gupta is joining X1 as an advisor. Ash retired from American Express in 2018 after 40 years of continuous service where he was the Chief Risk Officer. As the President of Global Risk and Information management teams, he was instrumental in navigating American Express successfully through the great recession.
The funding follows X1 Card's viral growth since opening up its waitlist in September. The waitlist is already nearing 300,000 signups and is on its way to becoming the largest ever waitlist for a fintech product.
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.
To learn more about X1 Card and sign up for the waitlist, visit x1creditcard.com.
About X1 Card
SOURCE X1 Card
Networking LIVE! Reception - On the Amazing Spacious Seaside Patio of the Loews Miami Beach Resort
Protecting Critical Infrastructure with Epic Security