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About Discover
Industries
Fintech
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Riverwoods, Illinois
Founded
1985
Overview
Discover offers a range of financial services that connect consumers and businesses to commerce. Their products include lending options and payment services that support not only individual consumers but also millions of merchants and fintech companies. Discover's payment network allows card acceptance at numerous businesses and provides cash access through their ATM debit network, PULSE. Additionally, Diners Club International, a part of Discover, is accepted in over 185 countries. What sets Discover apart from its competitors is its focus on creating rewarding financial solutions that help individuals and businesses thrive. The company's goal is to empower people to achieve a better financial future.
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Simplify's Take
What believers are saying
- In-car commerce market projected to reach $86 billion by 2025.
- Click to Pay expansion offers streamlined, secure shopping in multiple countries.
- Support for Black-owned restaurants boosts brand image and customer loyalty.
What critics are saying
- Capital One acquisition may cause instability in Discover's corporate strategy.
- In-car commerce partnership exposes Discover to technological and adoption challenges.
- Click to Pay expansion increases competition, pressuring Discover to innovate rapidly.
What makes Discover unique
- Discover's partnership with Car IQ leads in the emerging in-car commerce market.
- Global expansion of Click to Pay enhances Discover's digital checkout capabilities.
- $5M initiative for Black-owned restaurants strengthens Discover's community engagement.
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Funding
Total Funding
$35300M
Above
Industry Average
Funded Over
1 Rounds
Benefits
Paid Parental Leave
Paid Time Off
401(k) Plan
Medical, Dental, Vision, & Health Savings Account
Short and Long Term Disability, Life, and Accidental Death & Dismemberment insurances
Recognition Program
Education Assistance
Commuter Benefits
Family Support Programs
Employee Stock Purchase Plan
Company News
Under the terms of the agreement, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, representing a premium of 26.6% based on Discover's closing price of $110.49 on February 16, 2024 . Transaction is 100% stock consideration.
PayPal has rolled out new enhancements to its Giving platform as a way to boost crowdfunding and charity donations, a press release says.
Car IQ has teamed with Discover to accelerate automotive banking, and Banking-as-a-Service is making it simpler for companies and FinTechs to manage data.
In today's top retail news, Car IQ teams with Discover on in-car banking and Walmart unveils a new store design.
By 2025, it is estimated that $86 billion will be spent on in-car commerce. That number assumes that human beings would be the ones giving the commands. But what if humans were removed from the in-car Commerce process – just as they have been removed from the autonomous driving process?
Discover is Hiring for 244 Jobs on Simplify!
Find jobs on Simplify and start your career today
Finance & Banking
31 Open Roles
Product
21 Open Roles
Business & Strategy
20 Open Roles
Operations & Logistics
10 Open Roles
Growth & Marketing
6 Open Roles
Sales & Account Management
4 Open Roles
Accounting
3 Open Roles
Consulting
2 Open Roles
Real Estate
1 Open Roles
Art, Graphics & Animation
1 Open Roles
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About Discover
Industries
Fintech
Financial Services
Company Size
10,001+
Company Stage
IPO
Headquarters
Riverwoods, Illinois
Founded
1985
Discover is Hiring for 244 Jobs on Simplify!
Find jobs on Simplify and start your career today
Finance & Banking
31 Open Roles
Product
21 Open Roles
Business & Strategy
20 Open Roles
Operations & Logistics
10 Open Roles
Growth & Marketing
6 Open Roles
Sales & Account Management
4 Open Roles
Accounting
3 Open Roles
Consulting
2 Open Roles
Real Estate
1 Open Roles
Art, Graphics & Animation
1 Open Roles
People Also Viewed
Discover companies similar to Discover