Zero raises $20 million from NEA and others for a credit card that works like debit

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Just ahead of the launch of the Apple Card, a startup that has its own take on modernizing the credit card industry, Zero, is announcing the close of its $ 20 million Series A. The new round of funding was led by New Enterprise Associates (NEA), and brings Zero’s total raised to date to $ 35 million, including both equity and debt funding.

Other investors in the round include SignalFire, Eniac Ventures, Nyca Partners, and some unnamed school endowments. Zero had previously announced an $ 8.5 million raise in fall 2017, led by Eniac, and had raised $ 7 million in venture debt from Silicon Valley Bank.

Zer…
Read more here: Apps – TechCrunch

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