Self Lender

credit scoringlendingother lending

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 14/02/2020

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About

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.

Focus

PRODUCTS & SERVICES

Credit History Manager. Helps individuals to monitor their credit scores and improving it.

REVENUE MODEL

Subscription Based Revenue Model , Self Lender will charge $5/month to join their community.

EXISTING PARTNERSHIPS

Austin Capital Bank - Loan Originator.

COMMENT

Users get personalized credit score tracking, credit monitoring, access to simple financial tools, and the opportunity to apply for a credit builder loan.

Traction

VALUATION / MARKET CAP:

$13.57 M in 2015

ACTIVE USERS:

0.0014

TRACTION COMMENT:

The company has more than 175,000 consumers and $140 million in CD-secured loan originations. (Nov. 2018)

Momentum

FUNDED

YES

TOTAL FUNDING

$17.6 M

DATE OF LAST FUNDING

Nov 2018

TOTAL FUNDING COMMENT

The funding will be used for expanding the team, building new products and increasing marketing efforts.(Nov. 2018)

SEED & PRIOR FUNDING

$2.6 M

SEED CLOSED ON

Jul 2015

FUNDING SERIES

SERIES A  · $5 M  · Jul 2017

SERIES B  · $10 M  · Nov 2018

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2015

LOCATION:

United States

Views:

138 VISITORS | 671 VIEWS
LATEST FUNDING ROUND

$17.6 M

TOTAL EMPLOYEES
11-50

About

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.

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!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

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