Credit Sesame

wealthtech-retailpersonal finance managementcredit scoringlending

FOUNDING YEAR: 2010
LOCATION: United States
Last Update: 19/01/2021

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About

Credit Sesame is the only service that helps consumers achieve financial wellness by helping them manage and grow their credit and cash in one place for free. Since 2010, weve helped millions improve their financial health by offering the best tools possible to access, understand, use, and protect their credit so they can lead better lives. And now, Credit Sesame has married its deep understanding of personal credit with the latest in digital banking to help consumers manage their entire wallet in one place and establish a better path to financial wellness. We are a fast-growing, nimble startup, and we succeed only because of our amazing teammates and our strong, positive culture.

MEDICI Analysis

Credit Sesame is an online personal finance tool that enables users to save money on mortgage and loans by unlocking their credit potential. It monitors market changes and financial picture to deliver alerts and product recommendations to maximize savings.

Focus

PRODUCTS & SERVICES

Credit Score, ID Theft protection, Mobile App. It helps millions of consumers find better financial products. It also helps to monitor and manage their credit and loans.

REVENUE MODEL

Credit sesame makes money when a consumer closes on a loan obtained with the help of Credit Sesame. It charges small amount from the banks, after the loan is selected by the costumer.

MAIN CLIENTS

Retail Customers

EXISTING PARTNERSHIPS

Iontuition - To allow student loan borrowers to effortlessly access

monitor and manage their credit

college loans

and identity protection all in one place - for free.

COMMENT

The company now has around $50 billion in active user loans under management, up from $20 billion in 2012, and over $2 billion in consumer loan originations which helps it to monetize.

Traction

VALUATION / MARKET CAP:

$200 M in 2015

COMPANY TYPE:

For Profit

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

7

TOTAL FUNDING

$78.35 M

DATE OF LAST FUNDING

Jan 2020

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

FUNDING SERIES

SERIES A  · $1.2 M  · Apr 2010

SERIES B  · $6.15 M  · Mar 2011

SERIES C  · $12 M  · Jun 2012

SERIES D  · $16 M  · May 2015

SERIES F  · ---  · Jan 2020

OTHERS  · $43 M · Aug 2019

DEBT FUNDING

$15.5 M

LISTED

NO

company provided insights

Acquisitions

ACQUIREE NAME

STACK

ANNOUNCED DATE

Jun 2020

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

8,337,066

AVERAGE VISITS (6 MONTHS)

8,683,303.82

MONTHLY VISITS GROWTH

4.72%

VISIT DURATION

204

VISIT DURATION GROWTH

21.43%

PAGE VIEWS VISIT

4.18

PAGE VIEWS VISIT GROWTH

4.53%

BOUNCE RATE

37.97%

BOUNCE RATE GROWTH

-1.91%

GLOBAL TRAFFIC RANK

5,522

MONTHLY RANK CHANGE

-1,001

MONTHLY RANK GROWTH

-15.35%

Innovation Programs

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