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Vikram Pandit, the above Citigroup Inc. (C) chief, is authoritative a big bet on acclaim cards, the Wall Street Journal reported.

The Orogen Group, an advance close headed by the above coffer executive, is committing $100 actor in disinterestedness to Fair Square Financial LLC, the two companies are accepted to advertise on Monday. Fair Square, based in Wilmington, Del., issues acclaim cards beneath the cast name Ollo and targets consumers with beneath aboriginal acclaim scores.

Mr. Pandit, whose old coffer additionally runs a ample credit-card business, has served on Fair Square’s lath back its 2016 founding. But the advance appear Monday is his aboriginal advance in the company, the address said.

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