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Austin, TX based online credit building company Self Lender has raised $5m in Series A funding led by Silverton Partners. Self Lender is helping thousands of people begin their financial journey with a credit builder account. They understand that building a financial foundation is a daunting task for most people, so they're dedicated to building a product that will help their customers move two steps in the right direction.
It's a new notch on a string of already impressive announcements. At the end of 2016, Garvey published “50 photos in 50 weeks — a year at Self Lender," a blog that recapped the significant growth the Austin startup experienced over the 12-month period, which included growing a customer base from just 10 in January to 7,000 by December. Pretty impressive numbers for a fintech startup less than two years old. “We're really proud that we've been able to grow so quickly since our September 2016 launch,” said Garvey. “We've created a great product that our customers love — and we're incredibly thankful that customer referrals have been the #1 source of customer acquisition. Building credit is extremely hard without help — and we're grateful for the opportunity to help people responsibly build credit."
http://www.builtinaustin.com/2017/07/19/self-lender-raises-5m-series
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