Visa Investment To Drive Mobil... | Deserve Welcomes

By 2022, Deserve reported an 800% growth in receivables and secured a $250 million credit facility led by Goldman Sachs to fuel further expansion .

The investment validates Deserve’s API-driven platform , which allows banks and fintechs to launch digital-first credit cards without traditional legacy infrastructure . Deserve Welcomes Visa Investment to Drive Mobil...

Beyond Visa, Deserve is supported by major financial institutions like Mastercard , Goldman Sachs, and Sallie Mae . By 2022, Deserve reported an 800% growth in

A proper review of the Visa (V) investment in Deserve highlights a strategic move to transition traditional physical credit cards into cloud-based, mobile-first software platforms . This investment, announced in late 2021, followed Deserve's successful launch of the world's first crypto rewards credit card in partnership with BlockFi and Visa . A proper review of the Visa (V) investment

Leveraging Visa's network, Deserve enables users to apply, receive approval, and provision a card to their digital wallet in minutes , rather than waiting for mail .

A core focus of the partnership is driving the adoption of crypto-powered card programs , such as the BlockFi Bitcoin rewards card, which saw rapid initial adoption . Market Position and Financial Growth