Robinhood acquires X1, a startup offering an income-based credit card with rewards, for $95M in cash; X1 raised $62M in total, including $15M in December 2022 (Christine Hall/TechCrunch)

Christine Hall / TechCrunch:
Robinhood acquires X1, a startup offering an income-based credit card with rewards, for $95M in cash; X1 raised $62M in total, including $15M in December 2022  —  Robinhood announced on Thursday that it was acquiring X1, a no-fee credit card startup, for $95 million in cash.