Debitize

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2014
LOCATION:
Last Update: 05/07/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

Debitize is a personal financial tool that makes it easy to use credit cards responsibly by combining the discipline of a debit card - so users can build credit and earn rewards without worrying about overspending or missing a payment.

MEDICI Analysis

Debitize is a financial tool and concept that makes it easy to use credit cards responsibly by combining the discipline of a debit card. Debitize makes it easy to use credit cards responsibly so cutsomers can earn rewards and build credit without worrying about overspending or late fees. It is compatible with most major credit cards and works automatically every time the customer makes a purchase by setting aside funds from their checking account to cover the balance, and then paying the bill each month.

Focus

PRODUCTS & SERVICES

Personal finance tool that allows customer to set spend limits on their card purchase. It sends alert notifications/msgs when the customer reaches the set limit.

REVENUE MODEL

The company doesen't disclose the revenue model. The Debitize app is free.

COMMENT

Debitize works with most credit cards allowing customers to earn rewards whether cash back, miles, points, etc. The app is still In private beta and is not yet launched.

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Jan 2017

LISTED

NO

BASICS

FOUNDING YEAR:

2014

LOCATION:

Views:

219 VISITORS | 364 VIEWS
TOTAL EMPLOYEES
1-10

About

Debitize is a personal financial tool that makes it easy to use credit cards responsibly by combining the discipline of a debit card - so users can build credit and earn rewards without worrying about overspending or missing a payment.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Debitize is a financial tool and concept that makes it easy to use credit cards responsibly by combining the discipline of a debit card. Debitize makes it easy to use credit cards responsibly so cutsomers can earn rewards and build credit without worrying about overspending or late fees. It is compatible with most major credit cards and works automatically every time the customer makes a purchase by setting aside funds from their checking account to cover the balance, and then paying the bill each month.

Focus+
Momentum+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack

Debitize

About

Debitize is a personal financial tool that makes it easy to use credit cards responsibly by combining the discipline of a debit card - so users can build credit and earn rewards without worrying about overspending or missing a payment.

Focus

PRODUCTS & SERVICES

Personal finance tool

REVENUE MODEL

The company doesen't disclose the revenue model. The Debitize app is free.

People

FOUNDERS

Jeff Hu

Liran Amrany

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

FOUNDER: Jeff Hu

FOUNDER: Liran Amrany

BOARD MEMBERS AND ADVISORS:

Liran Amrany

INVESTORS:

Andrew S. Lerner

Andrew S. Lerner

Andrew S. Lerner

Entrepreneurs Roundtable Accelerator

Entrepreneurs Roundtable Accelerator

Entrepreneurs Roundtable Accelerator

Geoff Judge

Geoff Judge

Geoff Judge

Yee Lee

Yee Lee

Yee Lee

Momentum

FUNDED

NO

LISTED

NO