Ollo Card

Philadelphia, United States Founded: 2016 • Age: 10 yrs Acquired By Ally
Credit card solutions
Annual revenue - Latest available
Total funding $100.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Ollo Card

Ollo Card is a company based in Philadelphia (United States) founded in 2016 by Priya Jakatdar was acquired by Ally in October 2021. Ollo Card has raised $100 million across 1 funding round from investors including Ally and The Orogen Group. Ollo Card operates in a competitive market with competitors including Afterpay, Affirm, Stori, Upgrade and Petal, among others.

  • Headquarter Philadelphia, United States
  • Founders Priya Jakatdar
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Private Equity Round

    May 14, 2018

  • Investors
    Ally

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Ally

    (Oct 21, 2021)

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Funding Insights of Ollo Card

Ollo Card has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $100 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Ollo Card

Ollo Card has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ally and The Orogen Group.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
The Orogen Group is engaged in providing patient capital and industry expertise.
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Banking, auto finance, investment, and insurance services are provided.
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Investor details for Ollo Card

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Investments & Acquisitions by Ollo Card

Investments
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Investment portfolio details for Ollo Card

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Financial Statements - Ollo Card

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Detailed financials for Ollo Card

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Ollo Card Comparisons

Ollo Card Primary company
Description
Credit card solutions
Location
Philadelphia, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ollo Card

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Competitors of Ollo Card

Ollo Card operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Afterpay, Affirm, Stori, Upgrade and Petal, among others.

Company Name Domain Founded year HQ Location Description
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A buy now pay later service is offered by Afterpay.
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Point-of-sale financing is facilitated via an online installment payment platform.
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Credit cards, deposit accounts, and investment products are provided.
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Consumer credit and banking products are offered to individuals.
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Credit cards are issued to consumers via alternative credit evaluation.
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Credit cards are provided for consumers, businesses, and healthcare financing.
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Detailed competitors of Ollo Card

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Latest news on Ollo Card

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Complete news archive for Ollo Card

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Frequently Asked Questions about Ollo Card

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

Ollo Card is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

Rob Habgood is the current CEO of Ollo Card.

Ollo Card is a funded company, having raised a total of $100M across 1 funding round to date.

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.

Ollo Card's top competitors include Stori, Afterpay and Upgrade.

Ollo Card has 2 investors. Key investors include Ally, and The Orogen Group.

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