San Francisco based financial wellness company Credit Sesame has raised a $42m funding round led by Menlo Ventures and Inventus Capital.
Launched in 2011, Credit Sesame has attracted over 12 million members. The mobile and web solution provides consumers with tools to build a path to achieve financial wellness, including free access to their credit profile complete with their credit score, credit report grades, credit monitoring, interactive step-by-step tools and recommendations for better lending options. Credit Sesame has seen over 100 percent annual growth for the past three years and achieved full profitability in early 2017. A new strategic investor has also joined Credit Sesame’s consortium of investors in this round. A separate strategic partnership may be announced in the near future that will allow millions more to benefit from Credit Sesame’s services.
https://www.pehub.com/2017/10/credit-sesame-rakes-in-over-42-mln/?via=indexdotco