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FinTech startup X1 Card raised $15M extension

It also is not only not a down or a flat round, the cash infusion boosts X1’s valuation by 50%, according to Deepak Rao, co-founder & CEO of X1. X1, a consumer fintech startup which recently launched an income-based credit card to the public, has raised an additional $15 million in funding. Also, notably, X1 latest financing comes just six months after the San Francisco-based company raised $25 million in a July Series B round. The startup’s long list of previous backers include FPV, Craft Ventures, Spark Capital, Harrison Metal, SV Angel, Abstract Ventures, the Chainsmokers, Global Founders Capital, actor Jared Leto, Box co-founder and CEO Aaron Levie, Jeremy Stoppelman, Affirm and PayPal co-founder Max Levchin and Y Combinator Partner Ali Rowghani.