Credit Genie is a digital personal finance platform based in Plymouth Meeting, PA. The company says it has served more than one million Americans. It operates under the name Creditly Corp., dba Credit Genie, and is described in the article as a leading digital personal finance platform. Credit Genie announced the completion of an additional funding round securing $10 million in capital. The round was led by Khosla Ventures with participation from Tippet Ventures and brings the company's total financing to $21 million. The article did not disclose further financial details or specific future plans. Credit Genie offers a mobile platform that delivers financial insights and credit-related services by analyzing personal transaction data rather than traditional credit data. From a single app, members get a snapshot of their financial lives and access personalized tips and products to build and improve credit. The platform uses machine learning, AI algorithms and Open AI to identify patterns and predict credit risk, producing more accurate credit scores and improved lending decisions. The company says it will use new funding to expand its product offerings and hire talent. Credit Genie also secured a credit facility to help finance its cash advance and credit card receivables, supporting its operational liquidity. The company was founded by Ed Harycki and operates from Plymouth Meeting, PA.

Total raised

$14M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2023