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§ Private Profile · Austin, TX, USA
Markets general-purpose, reloadable prepaid debit cards, financial services, and alternative banking for unbanked consumers.
Achieve Financial Services provides digital personal finance solutions, including personal loans, home equity loans, and debt relief tools, and is based in San Mateo, California. The company operates a consumer finance platform that targets individuals facing debt challenges by offering data-driven financial education and consolidation products. Operating at significant scale, the enterprise employs more than 2,700 personnel and has served over 1 million consumers across its various service lines. To date, the platform has resolved over $16 billion in consumer debt and facilitated more than $7 billion in loan originations. The organization has secured substantial financial backing from notable institutional investors, including a $125 million investment from Vulcan Capital and a minority stake acquisition by Stone Point Capital. The company was originally founded as Freedom Financial Network in 2002 by co-founders Andrew Housser and Brad Stroh.
Achieve Financial Services has raised $12.5M across 1 funding round.
Achieve Financial Services has raised $12.5M in total across 1 funding round.
Achieve Financial Services has raised $12.5M in total across 1 funding round.
Achieve Financial Services's investors include Escalate Capital Partners.
Achieve Financial Services has raised $12.5M across 1 funding round. Most recently, it raised $12.5M Series B in March 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 20, 2012 | $12.5M Series B | Escalate Capital Partners | — | Announced |