• FOUNDING YEAR: 2009
    LOCATION:
    United States
    REGION:
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Financial products for refinancing debits. Loan designed to help individuals to payoff credit card debts.
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
Sandy - Utah Based first electronic Bank for loan origination.
COMMENT
Makes use of applied science, technology and psychology to design financial planning for their customers.

PEOPLE

FOUNDERS:
Scott Saunders, Eden Warner
Board Members and Advisors:
Warren Wilcox, David S. Kidder, Joe Saunders, Mohamed El-Erian, Arianna Huffington, Arkadi Kuhlmann, Jim Lane, Phillip Riese
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Anthemis Group, SparkLabs Global Ventures, FirstMark Capital, Great Oaks Venture Capital, Marty Schoffstall, Capital R Investments, Josh Resnick, David S. Kidder, Curtis Arnold, Kai Huang, Scott Saunders, Beth Chappell, Bill Cvengros, Betsy Bernard, Chris Carey,Bob Allison, Mohan Tavorath, Jim Nordstrom, Melanie Sabelhaus, Martin Muoto, Henry Nolte, Jim Lane, Jarl Mohn, Tencent Holdings

TRACTION

VALUATION / MARKET CAP:
$80 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$71.56 Millions
DATE OF LAST FUNDING:
Jun 2016
SEED & PRIOR FUNDING:
$5.8 Millions
SEED CLOSED ON:
Jan 2012
FUNDING SERIES:
SERIES A
$7 Millions Closed: Dec 2013
SERIES B
$12 Million Closed: Oct 2014
SERIES C
$46.76 Millions Closed: Jun 2016
COMMENTS
SERIES B : $10 M - Convertible Debt
LISTED:
NO

LATEST RESEARCH