Credit Sesame

Credit Sesame

Wealthtech (Retail) | Personal Finance Management | Credit Scoring | Lending
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  • FOUNDING YEAR: 2010
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    27 Jun, 2019

Description

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:
Viewable by subscribers only
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.

PEOPLE

FOUNDERS:
Adrian Nazari
Board Members and Advisors:
Manu Rekhi, John Dougery
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Inventus Capital Partners, Globespan Capital Partners, IA Capital Group, Menlo Ventures, Syncona Partners LLP, Grauer Brothers Capital, Grail Partners, Plug & Play Ventures, Paul Longhenry, Camp One Ventures

TRACTION

VALUATION / MARKET CAP:
$200 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$35 Millions
DATE OF LAST FUNDING:
May 2015
FUNDING SERIES:
SERIES A
$1.2 Millions Closed: Apr 2010
SERIES B
$6.2 Millions Closed: Mar 2011
SERIES C
$12 Million Closed: Jun 2012
SERIES D
$16 Million Closed: May 2015
LISTED:
NO

LATEST RESEARCH


Innovation Programmes

Plug and Play Fintech
Plug and Play Fintech

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