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Power

Power

Private
Chicago, IllinoisFinTechwww.usepower.com

Last Round

M&A

Jan 30, 2023

Est. Valuation

$223M

Total Funding Raised

$316.1M

Company Overview

Power is a financial technology company that provides innovative solutions for co-branded credit cards, enabling digital brands to enhance customer engagement through embedded banking experiences.

Sector

FinTech

Verticals

Lending & Credit, Platform-as-a-Service, Digital Payments, Compliance & Risk, Corporate Banking

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Services & Consulting, Revenue Share

AI Layer

Non-AI

Keywords

credit card issuing platformwhite-label credit cardsembedded financecredit card as a serviceCCaaScard issuingprogram managerbanking as a serviceBaaSrewards enginefintech infrastructureB2B2C platformcredit decisioningmobile SDKknow your customerKYC

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Power Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Power Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
M&AJan 30, 2023
DebtSep 14, 2022
SeedSep 14, 2022

Power Investors

Notable investors and investment history

Power Filings

SEC and related filings with document metadata.

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Power Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Power's valuation, stock price, and market status.

Firmographic Details

HeadquartersChicago, Illinois
Year Founded2021
Last FundingJan 30, 2023

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.