Self Lender Raises $1.5M To Help Americans Establish Credit –
Summary
Former Disrupt Battlefield participant Self Lender has raised a $1.5 million round of seed capital from Silverton Partners, who wrote the full check. The new cash comes after the firm raised a prior total of $535,000 from TechStars, Kickstart Seed Fund, and Galvanize Ventures. Now, the startup is working with Austin Capital Bank, and through that deal, can send its data to all the credit majors. In an email to TechCrunch, Self Lender indicated that it is “currently integrating [its product] with [its new] banking partner,” and intends to “on-board the first 100 users” onto its “new credit builder loan program by September.” A company raising a bucket of money in today’s climate is roughly as noteworthy as perfect weather in Palo Alto. James Garvey, the co-founder and CEO of the company, posted a blisteringly honest history of Self Lender, including anecdotes of how he managed to scrape along to get to today.