Kristy Kim, founder and CEO of TomoCredit, has just raised $122 million in equity and debt in Series B funding to disrupt the age-long process and idealisms of the credit card industry.
poverty cycle for the 40 million women, immigrants and other underserved communities who are denied credit. The company provides credit access to groups that are traditionally marginalized by FICO. There are never any fees or APRs, and the card is virtually immune to the current interest hikes.
“It is a credit card by-product, but it works as if it’s a debit card on a weekly timeframe,” Kim shares. “So with a debit card, you have to have money in advance to spend. With Tomo, you don’t have to have money in advance. However, we ask you to pay in full every seven days. So it’s like a hybrid between a debit card and a credit card. But, unlike debit cards, we help you build your credit history efficiently.
credit card industry. As a result, she and her team grew 1000% last year and are breaking the credit poverty cycle for the 40 million women, immigrants and other underserved communities who are denied credit.Kim started her career in investment banking, covering the software sector under the mergers and acquisitions department. She marveled at learning from the founders deciding on a potential exit.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Kim Kardashian's Home Sees Would-Be Intruder Nearly Break InAn alleged trespasser was nabbed on the doorstep of none other than Kim Kardashian this weekend.
続きを読む »
National Youth Poet Laureate Finalist Jessica Kim on Writing as a Road to Self-DiscoveryNational Youth Poet Laureate Finalist Jessica Kim wasn’t always a writer—in fact, she did not start writing until three years ago, when the pandemic seemed to shear all facets of normalcy.Founder and editor-in-chief of The Lumiere Review and author of L(eye)ght, Kim never thought of poetry as something that could exist anywhere except in her own headspace. “Finding something that clicks with you and only you and not someone who would judge or review your work is extremely important in viewing yourself not only as a writer but as a very being.”
続きを読む »
Pete Is ‘In Touch’ With Kim After Kanye’s ‘White Lives Matter’ Shirt Instagram RampageWe love a supportive ex.
続きを読む »
North Korea's Kim Jong Un oversaw tactical nuclear military trainingNorth Korean dictator Kim Jong Un oversaw and guided the country's tactical nuclear operation unit training this past week, claims the North Korean News Agency
続きを読む »