Principal Growth Analyst
Self FinancialSalary not specified
- Full Time
- Senior (5 to 8 years)
About Self Financial
Self Financial helps individuals build or rebuild their credit scores through online services and a mobile app. Their main products are Credit Builder Loans and the Self Credit Card. A Credit Builder Loan is a small loan that is secured in a certificate of deposit (CD), where monthly payments are reported to credit bureaus to help establish a positive credit history. Once the loan is paid off, the borrower can access the funds in the CD, turning payments into savings. The Self Credit Card requires an upfront deposit and also reports monthly payments to credit bureaus. Unlike traditional credit unions, Self Financial operates entirely online, making it accessible to tech-savvy users and those without access to conventional banking. The goal of Self Financial is to help clients improve their credit scores, enabling them to qualify for loans and other financial products while generating revenue through fees associated with their services.
Austin, TexasHeadquarters
2015Year Founded
$124.1MTotal Funding
SERIES_ECompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees
Benefits
Company Equity in the form of RSUs
Quarterly performance-based bonuses
Generous employer-paid health, vision, & dental insurance coverage
Flexible vacation policy
Educational assistance
Free gym membership
Casual dress code
Team building events and activities
Remote work arrangements/ flexible work schedule
Paid parental leave
Risks
Competition from traditional banks offering similar services could erode market share.
High outbound migration from high-tax states may affect customer base in those regions.
Integration challenges from RentTrack acquisition could impact service delivery and satisfaction.
Differentiation
Self Financial offers online credit-building tools, appealing to tech-savvy consumers.
The company provides unique services like reporting rent payments to credit bureaus.
Self Financial's Credit Builder Loan turns loan payments into savings, differentiating it from competitors.
Upsides
Increased consumer interest in credit-building tools expands Self Financial's potential customer base.
Partnership with Regions Bank enhances customer acquisition through expanded credit reporting services.
Appointment of CEO Julie Szudarek could drive strategic growth and expansion.
Funding
Total raised$124.10 M
Latest valuation$250.00 M
StageSERIES_E
SERIES E
8/31/2021$50
$250.00 MSERIES D
11/30/2020$40
$200.00 MSERIES C
1/31/2020$20
$100.00 MSERIES B
10/31/2018$10
$50.00 MSERIES A
6/30/2017$5
$25.00 M