Method Financial

API for comprehensive debt management solutions

Austin, Texas, United States

About Method Financial

MethodFi provides a debt management solution through a single application programming interface (API) that allows developers to integrate features like loan repayment and balance transfers into their applications. The API can handle various types of debts, including student loans and credit cards, and retrieves real-time data without needing user credentials. MethodFi differentiates itself by lowering lending risk and increasing revenue for businesses while improving users' financial health. The company generates revenue by charging for its API and related services, including compliance and identity verification.

Austin, TexasHeadquarters
2021Year Founded
$18MTotal Funding
SERIES_ACompany Stage
Fintech, Financial ServicesIndustries
11-50Employees

Benefits

💰 Competitive salary + equity
🧑‍💻 Remote first + flexible work schedule
🏡 Home office stipend + hardware
🏖️ Unlimited PTO
🏥 Full healthcare
📚 Learning stipend
👶 Paid parental leave
🏫 Student loan repayment

Risks

Increased competition from fintech startups may dilute Method's market share.
Reliance on partnerships poses risks if partners develop in-house solutions.
Rapid scaling plans could lead to operational challenges and resource strain.

Differentiation

Method Financial offers a debt-agnostic API for diverse liabilities management.
The API provides real-time data without requiring user credentials, enhancing security.
Method's partnerships, like with BitPay, integrate crypto payments with traditional finance.

Upsides

Partnerships with companies like Happy Money enhance debt consolidation and payment processes.
Rising demand for real-time financial data integration boosts Method's market potential.
Method's $16M Series A funding supports product development and team expansion.

Funding