Grow Credit Secures $106 Million To Offer Banks, Apps, Websites, And Employers A Platform To Help Consumers Build Credit And Save On Subscription Payments
Sep 14, 2021•almost 4 years ago
Amount Raised
$106 Million
Description
Grow Credit, a Black-owned financial inclusion platform, which partnered with MasterCard last year to help consumers leverage their subscription payments to build credit for free on Equifax, Transunion, and Experian, announced today that it has raised a $106.3 million financing seed round, comprised of $6.3 million in equity financing from various investors and $100 million in debt financing from Arena Investors, LP, a $2.6 billion private investment fund.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech