About Ollo Card
Ollo Card is a Financial Services company based in Philadelphia (United States) founded in 2016 by Priya Jakatdar, and was acquired by Ally in October 2021. It operates as a credit card solutions. Ollo Card has raised $100 million across 1 funding round from investors including Ally and The Orogen Group. Its chief executive is Rob Habgood. Its website ollocard.com draws about 192 thousand monthly visits. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include Afterpay, Affirm, Stori, Upgrade and Petal and 4 more; 8 of its 9 listed competitors have raised funding.
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.
- Headquarters Philadelphia, United States
- Founders Priya Jakatdar
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Phone•••• ••••
- Website ollocard.com
- Social LinkedIn X
- Acquired by Ally (Oct 2021)
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.
- Total Funding $100M
- Total Rounds 1
- Last Round Private Equity Round — $100M
- First Round $100M
(May 2018)
- Investors Count 1
All 1 funding rounds of Ollo Card with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $100M | Private Equity Round | – | Orogen Group | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
The Orogen Group is engaged in providing patient capital and industry expertise. | – | orogengroup.com | New York, United States | |
Banking, auto finance, investment, and insurance services are provided. | 1919 | ally.com | Detroit, United States |
Investor details for Ollo Card
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People of Ollo Card
2 people are tracked at Ollo Card (2 in leadership).
| Name | Role | Group |
|---|---|---|
Priya Jakatdar | Co-Founder | Leadership |
Rob Habgood | CEO & President | Leadership |
Complete people profiles for Ollo Card
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Timeline of Ollo Card
3 dated milestones of Ollo Card across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Ollo Card is founded.
- Funding First funding round of $100.0M.
- Exit Acquired by Ally.
Competitors of Ollo Card
Ollo Card has 9 listed competitors in our database, 8 of them funded. They include Afterpay, Affirm, Stori, Upgrade and Petal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| afterpay.com | 2014 | Melbourne, Australia | $35.37M | – | A buy now pay later service is offered by Afterpay. | |
| affirm.com | 2012 | San Francisco, United States | $1.23B | 2,171 | Point-of-sale financing is facilitated via an online installment payment platform. | |
| storicard.com | 2018 | Miguel Hidalgo, Mexico | $332.5M | – | Credit cards, deposit accounts, and investment products are provided. | |
| upgrade.com | 2016 | San Francisco, United States | $750M | 1,221 | Consumer credit and banking products are offered to individuals. | |
| petalcard.com | 2016 | West Sacramento, United States | $298.43M | 164 | Credit cards are issued to consumers via alternative credit evaluation. | |
| atlanticus.com | 1996 | Atlanta, United States | – | 689 | Credit cards are provided for consumers, businesses, and healthcare financing. | |
| plastiq.com | 2012 | San Francisco, United States | $150.2M | 109 | Mass payment solutions for businesses are enabled via credit cards. | |
| possiblefinance.com | 2017 | Seattle, United States | $49.56M | – | Multiple consumer loans are offered through an online platform. | |
| x1creditcard.com | 2017 | United States | $62M | – | General-purpose credit cards are issued to consumers for purchases. |
Detailed competitors of Ollo Card
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Ollo Card
The website of Ollo Card (ollocard.com) receives about 192K visits a month and ranks #167,349 among all websites worldwide, #2,649 in Banking Credit and Lending.
- Monthly visits192K
▼ 1.1% vs previous month
- Unique visitors81.3K
per month
- Global rank#167,349
among all websites
- Category rank#2,649
Finance · Banking Credit and Lending
- Bounce rate35%
- Pages per visit4.8
- Average visit3 min 54 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Ollo Card. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| capitalone.com | 100% | 148.4M | #178 | View details | |
yourcreditcardinfo.com | yourcreditcardinfo.com | 100% | – | #43,943 | – |
| creditonebank.com | 99% | 11.7M | #3,362 | View details | |
| ally.com | 98% | 14.8M | #3,147 | View details | |
| merrickbank.com | 97% | – | #16,105 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Ollo Card
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Ollo Card (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Related news about 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. The company's 1st funding round was a Private Equity Round of $100M, raised on May 2018.
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 has 2 investors. Key investors include Ally, and The Orogen Group.
Yes. Ollo Card was acquired by Ally in October 2021.
The website of Ollo Card receives about 192 thousand visits a month and ranks #167,349 among all websites worldwide.