Kikoff offers the Kikoff Credit Account and an associated proprietary online store that restricts credit-line use to financial-education products and courses. Customers apply for a $500 revolving line of credit that can be used to buy e-books and courses aimed at improving financial habits or earning skills. The company does not charge interest or borrowing fees; it generates revenue from the margin between wholesale and retail prices of items sold in its store. Kikoff positions the product to help people without credit histories establish one and to help millennials and Gen Z continue building credit responsibly. The Kikoff Credit Account is described as the first of a planned suite of offerings aimed at improving consumers’ financial health. The company reported having “hundreds of thousands” of customers after being out of beta for roughly six months but declined to reveal hard revenue figures.

Total raised

$30M

Funding rounds

1

Latest round

Series B

Latest activity

Jun 2021