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FinTech news in Kudos category

Credit Cards startup Kudos raised seed round of $7M

Ismail was a product lead at both of those companies, while Anazodo, also previously a product lead for Affirm, was product lead for Google Pay, leading the launch of its payment partnership with Shopify and scaling its launch to international markets and to over 300,000 merchants. The company, which exhibited as part of the Battlefield 200 at TC Disrupt, announced today $7 million in seed funding from investors, including Patron, QED Investors, SciFi VC, SV Angel and a group of over 40 angel investors from companies like Google, Affirm, AfterPay, Honey, Duolingo, Discord, Earnest and Fundera. The company developed a free Chrome extension for a digital wallet that holds all of your cards — it supports over 3,000 — and then calculates the rewards and benefits for each purchase and recommends the right card, which could be a store card and then helps you apply for it. Kudos makes money from affiliate fees when consumers finish applications and also gets some from merchants when there are cash-back rewards, sharing those with consumers, Anazodo said.