Self Financial: Raises $50M in Series E Funding

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
  • SelfFinancial 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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...