Coinbase Partner Cardless Raises $60 Million in Growth Push

Cardless, a co-brand credit-card startup, raised $60 million in fresh venture funds to add features and build programs with name-brand clients, part of its effort to gain a stronger foothold in a business that traditional banks still dominate.
The new dollars will go partly toward tie-ups with Coinbase Global Inc. and Bilt Rewards, Cardless co-founder and president Michael Spelfogel said. Spark Capital led the fundraising, which also had participation from Activant Capital, Industry Ventures and Pear VC.