Self Secures $20M in Series C Funding

self

Self, an Austin, Texas-based fintech startup offering people a solution to build their credit while also saving money, raised $20m in Series C financing.

The round was co-led by Altos Ventures and Conductive Ventures.

The company intends to use the funds to accelerate growth by hiring additional members of the team and investing in marketing and product development to improve overall customer success.

Led by James Garvey, founder and CEO, Self is a fintech startup focused on enabling people to build credit and savings.

With more than 500,000 consumers and $400 million in CD-secured loan originations, the company has achieved growth in the past year by offering a solution for consumers to build credit through:

  • the Self Credit Builder Account and
  • the recently launched Self Visa® Credit Card, a secured credit card that does not require a credit check and enables customers to build their security deposit in installments rather than having to make a large upfront deposit.

FinSMEs

19/02/2020

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