According to filings with the U.S. Securities and Exchange Commission, X1 Card is raising $15,000,000.00 in new funding. Sources indicate as part of senior management Co-Founder, Siddharth Batra played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About X1 Card
X1 Card is the smartest credit card ever made. Built with 17g of stainless steel and laser etching technology, X1 Card reimagines the credit card from the ground up. It harnesses the power of technology to offer smart credit limits, an unparalleled rewards program, and automated features that will transform the way you shop and spend. X1 Card is partnered with Visa Signature, allowing cardholders to use it at more than 46 million merchants around the world. The company is cofounded by Twitter alums Deepak Rao and Siddharth Batra and backed by PayPal co-founder Max Levchin and founding COO David Sacks, Harrison Metal founder Michael Dearing, former Twitter COO Adam Bain, Libra co-creator & Instagram’s former head of product Kevin Weil and more.

To learn more about X1 Card, visit http://www.x1creditcard.com/

Contact:
Siddharth Batra, Co-Founder
650-514-5504

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