The problem
Card issuers lose spend when new cardholders must re-enter their card at Amazon, Netflix and every other merchant
What they do
API that lets banks and fintechs update users' saved cards at online merchants
Traction 100M+ API calls/month (May 2026); live with Cash App, Venmo, RBC, Amex, PayPal; ~$23M revenue (Tracxn est.)
Hiring trend
- Open roles
- 11
- Ops roles
- 1
- Headcount
- ~55
Flat, ~55 staff (+2% YoY, Dealroom); 11 open roles, most posted Jan 2026
Hiring in
- New York
Latest news
Aug 2026
Venmo partnership lets users set Venmo as default payment at merchants via Knot ↗Funding
- Last round
- $10M
- Stage
- Series A
- Date
- Aug 2023
Led by Nava Ventures (Amex Ventures, Plaid participated)
- Hiring+1.511 open roles on the live job board (10–29 roles = +1.5)
- Funding recency0Series A · $10M, Aug 2023 (38 months ago): over 24 months = 0
- Traction+0.75Some growth: 100M+ API calls/month (May 2026); live with Cash App, Venmo, RBC, Amex, PayPal; ~$23M revenue (Tracxn est.)
- Red flags0Watch-outs noted below, none scored as a significant flag
- Total2.251.5 + 0 + 0.75 − 0 = 2.25 → Warm-up
Seed rule: a Series A of $15M or less without strong traction starts in Warm-up whatever the score (Steady by score alone).
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: grows with users
Go-to card-switching layer, live with Cash App, Venmo, RBC, Amex and PayPal at 100M+ API calls a month; small team, and card-network updaters and Atomic compete.
Sources: The Industry Spread: Venmo deal, 100M API calls/month (Aug 2026) ↗ · GlobeNewswire: Knot expands into Canada with RBC (Jul 2026) ↗
Watch-outs
Minor, not scored: Knot sued rival Atomic for trade-secret theft (Mar 2026) and Atomic countersued on patents; the case is still pending. Funding is thin for its reach: no new round since the $10M Series A in Aug 2023.
Sources: Bloomberg Law: Knot says it caught Atomic 'red-handed' stealing code (Mar 2026) ↗ · Justia docket: MyCard (Knot) v. Atomic FI, D. Del. 1:26-cv-00290 ↗
Open ops roles · 1
Last checked Oct 25, 2026