Self Financial offers Credit Builder products that combine secured installment loans with a connected certificate of deposit, and customers who use the product can gain access to a Self Visa credit card. Its Credit Builder products are issued via three bank partners, while the company runs a proprietary core technology platform and delivers services through iOS, Android and desktop apps. The company reported its active customer base has more than doubled in the past 12 months to about 1 million and has served over 2 million customers overall. Self declined to disclose exact revenue figures but said it will do "nine figures" of revenue this year, roughly 2x 2020. The startup has grown headcount to about 200 employees (from ~80 at the start of the year) and plans to hire another 50–100 people with the new capital. Future plans include entering the insurance market and launching another product to expand customer access to credit; the firm is also opening Credit Builder accounts to H‑1B, L‑1 and student visa holders. Self Financial offers tools that help customers build positive financial behaviors—such as on-time payment history and responsible credit use—by partnering with issuing banks. Its core products include the Self Credit Builder Account, which lets consumers simultaneously build credit and savings without a hard credit inquiry or prior credit history, and the Self Visa® Credit Card, a secured card that requires no credit check and allows security deposits to be built in installments. The company is led by CEO James Garvey and is based in Austin, Texas. Self plans to use new funding to accelerate growth and expand its business reach. In 2020 the company reported a 250% increase in active customers and growth in headcount from 50 to 115 employees. Total funding raised to date stood at $77m following the latest round.

Total raised

$90M

Funding rounds

2

Latest round

Series E

Latest activity

Sep 2021