First Card

First Card

Verified
Offers a credit card specifically for college students. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$19—28m (Dealroom.co estimates Sep 2023.)
California United States (HQ)

Financials

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Revenues, earnings & profits over time
USD20222023
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EBITDA00000000
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EV / revenue00.0x00.0x
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DateInvestorsAmountRound
-investor

$0.0

round
investor investor investor

$0.0

round
*

$4.7m

Seed
Total Funding000k

Recent News about First Card

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Firstcard is a financial technology startup that focuses on providing college students with a simple and efficient way to save money on everyday purchases. Operating in the financial services market, Firstcard offers a unique banking solution tailored specifically for students. The company’s primary product is a mobile app that functions like a traditional bank but with added benefits designed to meet the needs of its young clientele.

Firstcard’s main feature is its cashback rewards program, which allows students to earn between 5% and 15% cashback at popular stores and restaurants around their campuses. This makes dining out and shopping more affordable for students, who often have limited budgets. The app is user-friendly, and the sign-up process is quick and straightforward, ensuring that students can start saving money almost immediately.

The business model of Firstcard revolves around partnerships with local businesses and retailers. By collaborating with these merchants, Firstcard can offer exclusive cashback deals to its users. The company earns revenue through these partnerships, as businesses pay Firstcard a fee for driving student traffic to their stores. Additionally, Firstcard may generate income from other banking services offered through the app, such as transaction fees or premium features.

Firstcard serves college students who are looking for ways to manage their finances more effectively while enjoying the perks of cashback rewards. The company’s market includes educational institutions and the surrounding local businesses that cater to student needs.

In summary, Firstcard is revolutionizing student banking by combining traditional banking services with modern financial technology and exclusive cashback rewards. This innovative approach not only helps students save money but also supports local businesses.

Keywords: cashback rewards, college students, financial technology, mobile banking, student savings, local partnerships, user-friendly app, exclusive deals, financial services, student budgeting.