Vouch Financial

lendingsocial financing

STATUS: Closed
FOUNDING YEAR: 2013
LOCATION: United States
Last Update: 17/07/2020

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About

Vouch is a startup which vouches for credit on social networks. The company offers loans to consumers who get their friends and family to vouch for them in times of need -creating a way of looking at creditworthiness that spans beyond FICO score.

Focus

PRODUCTS & SERVICES

Social lending. Helps borrowers to get loan at a interest rate less than the market place.

REVENUE MODEL

The company generates revenue from the origination fee.The origination fee is between 1% and 5% of loan amount.

COMMENT

Helps customers to access fixed rate installment loans and use sponsors to get loans at a low interest rate.

Traction

VALUATION / MARKET CAP:

$40 M in 2015

People

FOUNDERS

Yee Lee

Sue Korn

Hugh Olliphant

BOARD MEMBERS AND ADVISORS

Alex Rosen

Jim Redmond

John Witchel

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Chiratae Ventures

Cooley LLP

Core Innovation Capital

Data Collective

Data Collective DCVC

First Round

First Round Capital

Greylock Partners

IDG Ventures India

IDG Ventures USA

StartX (Stanford-StartX Fund)

The Stanford StartX Fund

Momentum

FUNDED

YES

TOTAL FUNDING

$9 M

DATE OF LAST FUNDING

May 2015

SEED & PRIOR FUNDING

$3 M

SEED CLOSED ON

Dec 2014

FUNDING SERIES

SERIES A  · $6 M  · May 2015

LISTED

NO

BASICS

STATUS:

Closed

FOUNDING YEAR:

2013

LOCATION:

United States

Views:

398 VISITORS | 777 VIEWS
LATEST FUNDING ROUND

$9 M

TOTAL EMPLOYEES
11-50

About

Vouch is a startup which vouches for credit on social networks. The company offers loans to consumers who get their friends and family to vouch for them in times of need -creating a way of looking at creditworthiness that spans beyond FICO score.

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+
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