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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.

Cardless will use the money partly for tie-ups with Coinbase and Bilt Rewards. 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.

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