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Tomocredit Raises $10 Million In Series A Funding To Help Build Credit For First Time Borrowers

Sep 15, 2021almost 4 years ago

Amount Raised

$10 Million

Round Type

series a

San FranciscoFinancial ServicesInformation TechnologySoftware

Description

TomoCredit, a fintech company offering a credit card focused on building a credit history for first-time borrowers, today announced a $10 million Series A funding round led by Kapor Capital and KB Investment Inc. (KBIC), a subsidiary of South Korea’s leading consumer bank. This comes on the heels of TomoCredit raising $7 million in seed funding, which brings the total funding to $17 million this year. The company also appointed Ash Gupta, former CRO at American Express, to the board.

Company Information

Company

Tomocredit

Location

San Francisco, California, United States

About

TomoCredit is a next-generation credit card, catering to students, working professionals, and immigrants looking to build a better financial future in the U.S. TomoCredit is backed by KB Investment, Kapor Capital, Barclays Ventures, Lewis & Clark Ventures, Ame Cloud, Knollwood Investment Advisory, Bronze, Bam Ventures, Strong Ventures and more. The founding team members are based in San Francisco.

Funding Insights

Based on industry data
Tech investment trends
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