Self Financial Raises $50M in Series E Funding Led by Altos Ventures
Summary
Austin, Texas, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Self Financial, a leading fintech company that enables consumers to build credit and savings, today announced a $50 million Series E financing led by Altos Ventures with participation from Meritech Capital and Conductive Ventures. This marks the company’s third fundraising round since February 2020 and to date, Self has raised $127 million. “We deeply support Self’s mission of helping underserved customers to build credit and savings, bringing them into the American financial mainstream,” says Anthony Lee, Managing Director of Altos Ventures. “Since our original investment, Self has helped millions of people build credit and this latest round will enable them to scale their team and products to help millions more.” The company continues to experience rapid growth and more than 40% of new customers are from word of mouth referrals. She has more than two decades of compliance and auditing experience, having held leadership positions at Barclaycard and most recently, Mercury Financial.