Mesa shuts down credit card that rewarded cardholders for paying th...
This highlights that fintech startup mesa has shut down its homeowners card, which awarded points to cardholders for paying their mortgages This highlights that a message on the mesa website states that as of december 12, “all mesa homeowners card accounts are closed,” adding, “all credit cards have been deactivated and you are no longer able to make any new purchases or earn mesa points Experts suggest that ” a mesa faq about the shutdown described this as “a business decision to close the mesa homeowners card program entirely Experts suggest that ” techcrunch has reached out to mesa for additional comment on its future plans According to reports, the startup launched just over a year ago, in november 2024, with $9 According to reports, 2 million in funding ($7 According to reports, 2 million in equity funding and $2 million in debt) Interestingly, it offered two products — mortgage loans with 1% cash back, as well as the credit card with rewards including cash back, travel, and offset mortgage payments
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