Highline Technologies offers a payments platform that automates bill and loan payments directly from consumers' paychecks, expanding payroll-linked lending beyond personal loans. The company positions its product to reduce missed payments by up to two-thirds and lower default rates by more than half, and says payroll automation can improve creditworthiness by the equivalent of 80–100 FICO points. Built by subject-matter experts, data scientists and technologists, Highline completed its platform and launched early clients across personal loans, lease-to-own, retail and credit card industries. After a 2021 seed round, the business doubled its team over the first half of 2022 while scaling product and go-to-market efforts. Highline plans to use new funding to add staff, pursue strategic partnerships and expand market adoption of its payroll-linked payment and lending services. The company was founded in 2020 and is based in Dallas. Highline builds a payroll-linked bill payment method that routes bill payments directly from consumers' paychecks via APIs. The product aims to enable people to pay bills on time and in full regardless of bank-account status, reducing overdraft and late fees. Highline targets over 40 million Americans who have good jobs but subprime or no credit scores, with the goal of improving access to lower-cost credit. The founding team has deep banking and lending experience, including executives from Marcus by Goldman Sachs, Salary Finance, and Santander. Highline positions its service as a win-win for consumers and billers by reducing collection costs, credit losses, and customer churn. The company launched with seed funding to grow its team and further build out its platform.

Total raised

$18M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2022