When was Ollo founded?

Ollo was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Ollo located?

Ollo is headquartered in Philadelphia, United States.

How many employees does Ollo have?

As of Jul 01, 2024, the latest employee count at Ollo is 1.

Is Ollo a funded company?

Ollo is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on May 14, 2018.

When was the latest funding round of Ollo?

Ollo's latest funding was a $***** PE round on May 14, 2018, with participation from 1 investor. Its primary sector is Payments. In United States, the Payments sector has seen $897M in funding in 2026 to date.

Where does Ollo rank among its competitors?

Ollo ranks 8th amongst 45 active competitors, of which 10 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Parker, which secured $20M in Nov, 2024.

Who are the top competitors of Ollo?

Ollo's top competitors include Affirm, American Express and Discover. Among them, Parker secured the most recent funding round in November, 2024.

Ollo - 2026 Company Profile, Team, Funding & Competitors

Q: Is Ollo an acquired company?

Ollo got acquired by Ally on Oct 21, 2021.

Company Details

Ollo offers credit cards which are issued by The Bank of Missouri in a tie-up with MasterCard. Offers Ollo Platinum which has zero annual fees and does not charge late payment fees. Also offers Ollo Rewards, which provides 2% cash back on gas station, grocery store and drugstore purchases and 1% cash back on all other purchases. The APR for both cards are 24.99%. As of June 2018, the card is available by invitation only.

Website: www.ollocard.com/
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Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Philadelphia, United States

Stage

Acquired

Total Funding

$100M in 1 round

Latest Funding Round

PE, May 14, 2018, $*****

Investors

Orogen Group & 1 more

Ranked

8^th among 45 active competitors

Employee Count

1 as on Jul 01, 2024

Similar Companies

American Express & 153 more

Exit Details

Acquired by Ally (Oct 21, 2021)

View Ollo's full profile

Ollo got acquired by Ally on Oct 21, 2021 at an acquisition amount of $*****.

Click here to take a look at Ollo's acquisition in detail

Ollo has raised a total funding of $100M over 1 round. Its latest funding round was a PE round on May 14, 2018 for $*****. 1 investor participated in its latest round. Ollo has 2 institutional investors.

Here is the list of recent funding rounds of Ollo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 14, 2018	4753699	PE	9912455	7847986	6604298	3719018

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View details of Ollo's funding rounds and investors

The founders of Ollo is Priya Jakatdar.

Here are the details of Ollo's key team members:

Priya Jakatdar: Co-Founder of Ollo.
Contact Info: 1 email address

View details of Ollo's Founder profiles and Board Members

Ollo's employee count trend

Ollo has 1 employees as of Jul 24. Here is Ollo's employee count trend over the years:

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Top competitors of Ollo include Affirm, American Express and Discover. Here is the list of Top 10 competitors of Ollo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Affirm 2012, San Francisco (United States), Public	Provider of point of sale financing solutions for consumers and merchants	$1.22B	GIC, Founders Fund & 40 others	88/100
2nd	American Express 1850, New York City (United States), Public	Online comparison portal of financial products for individuals and businesses	-	Black Capital Investments, B Capital Fund ... & 4 others	84/100
3rd	Discover 1985, Riverwoods (United States), Acquired	Provider of banking and card payment network	-	-	77/100
4th	Atlanticus Holdings 1996, Atlanta (United States), Public	Provider of credit cards for individuals and businesses	-	JPMorgan Chase, UBS & 1 others	67/100
5th	Coign 2022, Washington, DC (United States), Series B	Credit cards for individuals focused on conservatives	$13.7M	Charles & Potomac Capital	57/100
6th	Parker 2012, San Francisco (United States), Series B	Provider of business expense card solutions for e-commerce businesses	$57M	Valar Ventures, TriplePoint Capital & 5 others	56/100
7th	Credit One Bank 1984, Las Vegas (United States), Funding Raised	Provider of credit card issuing services	-	IAG Capital Partners	55/100
8th	Ollo 2016, Philadelphia (United States), Acquired	Credit card solutions	$100M	Atairos, Orogen Group	51/100
9th	X1 Card 2017, United States, Acquired	Credit card for consumers for general purposes	$62M	Spark Capital, Soma Capital & 20 others	48/100
10th	Future 2020, Silver Spring (United States), Series A	Payment card for consumers	$11.8M	Accomplice, Techstars & 6 others	45/100