Self Financial Raises $50M in Series E Funding

Self Financial, an Austin, Texas-based fintech company that enables consumers to build credit and savings, raised $50m in Series E financing.

The round, which brings total funding raised to date to $127m, was led by Altos Ventures with participation from Meritech Capital and Conductive Ventures.

The company intends to use the funds to further scale the business to make building credit accessible for Americans.

Led by founder and CEO James Garvey, Self Financial provides products that enable people to build credit while building savings. With its flagship Credit Builder Account, customers can build credit and savings without a hard credit inquiry or prior credit history. The company also offers the Self Visa® Credit Card, a secured card giving customers the ability to extend their credit building journey, also without a hard credit check.

Self has served more than 2 million customers and has nearly 200 employees.