Self Lender is a consumer finance company that helps financially underserved consumers establish credit history. They help consumers create debt that is reported to credit bureaus. By paying off this debt, consumers build positive credit.
PRODUCTS & SERVICES:
Credit History Manager.
Helps individuals to monitor their credit scores and improving it.
Viewable by subscribers only
Austin Capital Bank - Loan Originator.
Users get personalized credit score tracking, credit monitoring, access to simple financial tools, and the opportunity to apply for a credit builder loan.
James Garvey, Conor Swanson
NUMBER OF EMPLOYEES:
Altos Ventures Capital, Silverton Partners, Accion, Deep Space Ventures, Kickstart Seed Fund, Techstars, Galvanize, Kickstart Seed Fund, Ozmen Ventures, Right Side Capital Management
VALUATION / MARKET CAP:
$13.57 MM in 2015
The company has more than 175,000 consumers and $140 million in CD-secured loan originations. (Nov. 2018)
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The funding will be used for expanding the team, building new products and increasing marketing efforts.(Nov. 2018)