Deserve - About the company
Deserve is an acquired company based in Murray (United States), founded in 2013 by Kalpesh Kapadia. It operates as a Credit builder cards for consumers. Deserve has raised $145M in funding from investors like Accel, Mastercard and Sallie Mae. The company has 42 active competitors, including 16 funded and 5 that have exited. Its top competitors include companies like Cardless, Credit Saison and Episode Six.
Company Details
Deserve offers credit builder cards for consumers. It offers alternate credit cards for students, professionals, and individuals that build credit scores for making purchases. It takes into account various alternative data points to determine creditworthiness, such as education, current financial health, and future employability and earnings potential. It offers an app-based platform that is available on iOS & Android devices.
- Website
- deserve.com
- Email ID
- *****@deserve.com
- Phone Number
- +1 **********
- Registered Address
- PO Box 57780 Murray, UT 84157
Key Metrics
Founded Year
2013
Location
Murray, United States
Stage
Acquired
Total Funding
$145M in 10 rounds
Latest Funding Round
Ranked
2nd among 42 active competitors
Employee Count
78 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Intuit (Apr 30, 2025)
Legal entities associated with Deserve
Deserve is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DESERVE CIN: 454455352 , United States, Active | Dec 31, 1999 | - | 45 (As on Dec 31, 2024) | - |
Deserve's acquisition details
Deserve got acquired by Intuit on Apr 30, 2025.
Click here to take a look at Deserve's acquisition in detail
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Deserve's funding and investors
Deserve has raised a total funding of $145M over 10 rounds. Its latest funding round was a Conventional Debt round on May 11, 2022 for $*****. 3 investors participated in its latest round. Deserve has 22 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Deserve:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 11, 2022 | 4399426 | Conventional Debt | 2993580 | 5759166 | 3289341 | 1243337 |
Oct 27, 2021 | 6893128 | Series D | 5469298 | 3029563 | 5428360 | |
Jun 24, 2021 | 1017735 | Series D | 6930821 | 7243512 |
View details of Deserve's funding rounds and investors
Deserve's founders and board of directors
Founder? Claim ProfileThe founders of Deserve is Kalpesh Kapadia.
Here are the details of Deserve's key team members:
- Kalpesh Kapadia: Former Co-Founder of Deserve and founder of 2 other companies, Deserve Cards and SelfScore. They are also an angel investor in 1 startup.
View details of Deserve's Founder profiles and Board Members
Deserve's employee count trend
Deserve has 78 employees as of Mar 26. Here is Deserve's employee count trend over the years:
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Deserve's Competitors and alternates
Top competitors of Deserve include Cardless, Credit Saison and Episode Six. Here is the list of Top 10 competitors of Deserve, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cardless 2019, San Francisco (United States), Series C | Credit cards for consumers | $150M | 72/100 | |
2nd | Deserve 2013, Murray (United States), Acquired | Credit builder cards for consumers | $145M | 68/100 | |
3rd | Credit Saison 1951, Tokyo (Japan), Public | Provider of credit cards and related financial services | - | - | 65/100 |
4th | Episode Six 2015, Austin (United States), Series C | Developer of cloud native card issuing and ledger infrastructure software | $85M | 64/100 | |
5th | Provider of technology to build and launch banking and credit products | $6.6M | 64/100 | ||
6th | Provider of APIs and SDKs for fintech and digital banking | $5M | 59/100 | ||
7th | Brim Financial 2017, Toronto (Canada), Series C | NFC-enabled credit card payment solution for individuals | $102M | 58/100 | |
8th | Provider of platform for launching and managing credit card programs | $10.7M | 54/100 | ||
9th | Euronet Communications BV 1994, Public | Provider of electronic payment processing and cross border transaction services | - | 54/100 | |
10th | 42 Card Solutions 2020, Bengaluru (India), Seed | Credit card solution provider for banks and other regulated financial institutions | $8.16M | 52/100 |
Looking for more details on Deserve's competitors? Click here to see the top ones
Deserve's Investments and acquisitions
Deserve has a total of 1 investment in HM Bradley. Deserve has not made any acquisitions as of now.Reports related to Deserve
Here is the latest report on Deserve's sector:
News related to Deserve
•
Deserve India Transfers Business Assets to Intuit India in Global AcquisitionGlobal Legal Chronicle•Jun 11, 2025•Deserve, Intuit
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Intuit Acquires Deserve's Mobile-First Fintech PlatformFintech News America•Apr 30, 2025•Intuit, Deserve
•
FT Partners Advises Deserve on its Sale to IntuitFT Partners•Apr 14, 2025•FT Partners, Intuit, Deserve, Key Technology
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Mastercard Scales Its BNPL by Adding Merchants, i2c, H&R Block and OthersPYMNTS.com•Mar 16, 2022•Mastercard, Amount, Bass Pro Shops, Cabela's and 8 others
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Visa Backs Credit-Card-As-A-Service Startup DeservePYMNTS.com•Oct 27, 2021•Deserve, Visa, Mission Holdings, Mastercard and 6 others
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