The company said it has a ‘state-of-the-art’ user experience that includes instant issuance and wallet provisioning that leverages Mastercard technology to drive higher activation, usage and engagement. The startup is specialising in providing credit cards to people who would usually not be accepted for one due to their limited credit history. Deserve’s credit card-as-a-service platform uses Mastercard’s Digital First Program to offer instant issuance and provisioning for credit through mobile-first digital software.
Deserve has raised before, including Series A1 and A2 rounds worth $7.3 million and $19 million apiece according to Crunchbase data. The firm’s proximate round, a Series B worth $19 million, came together in August of 2018 according to the same information. “Channel luvwyatt.comm 5’s Monday TV schedule confirmed – all the changes and timings”. “Channel 5 again ditches plans to launch HD channel on Freeview”. “How to watch Paramount Plus in the UK – when is it released?”. … Fittingly, the first ad to run on the station was for Chanel No 5.
Deserve was originally launched in 2013 as SelfScore, which served international students who had trouble getting credit cards. It then expanded to people having an insufficient credit history. Founded in 2013 by Kalpesh Kapadia and Michael Hallinan, Deserve is the first credit card-as-a-service software platform that leverages Mastercard’s Digital First Program for instant issuance/provisioning for credit with uncompromising security and provides a seamless digital experience. Deserve’s credit card application process comes with a Mobile-First approach allowing consumers to apply activate and provision their card in digital wallets within minutes. When asked if he expects Deserve to expand into other financial products, he demurred.
The Series C was therefore led by an institution best known for investment banking and participated in by a student loan behemoth along with several traditional venture shops. So we caught up with Kalpesh Kapadia, a co-founder at Deserve and the company’s CEO. We were interested in finding out if Deserve is pursuing the same sort of product-creep that other fintech shops that we’ve covered lately are; no, as it turns out, but it’s doing something even more interesting.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. In addition to developing and providing credit card technology upgrades, Deserve recently launched its own payment card last month.
It also broadcasts its own news service, which is currently produced by ITN but was produced between 2005 and 2012 by Sky News. Below are the official audience shares in percent for Channel 5 since its launch in 1997. The channel consistently is the fifth most watched channel in country, usually being beaten by main rivals BBC One, BBC Two, ITV and Channel 4. On 6 September 1999, Channel 5 launched its new ‘celebrity’ idents, making the candy stripe more frequently used in idents and graphics, most notably in a hole in the backdrop of the idents. The set of idents were refreshed on 11 September 2000, as well as new idents from 4 March 2002, featuring the logo on coloured backgrounds by going widescreen.
With the new funding, Deserve aims to hire more engineers and data scientists and to scale its solutions. HW Media connects and informs decision makers across the housing economy. Professionals rely on HW Media for breaking news, reporting, and industry data and rankings.
Deserve raised a $50 million Series C, led by Goldman Sachs. (We’ve covered other Goldman rounds here, and took a look at its investment cadence here.) A number of other investors took part in the round, including Sallie Mae, Pelion Venture Partners, Mission Holdings, Aspect Ventures, and Accel. D. James adaptation Dalgliesh debuted on the channel with four million viewers, while Our Yorkshire Farm achieved a rating of 3,260,437.