Credible is a company.
Credible has raised $22.5M across 3 funding rounds.
Key people at Credible.
Credible has raised $22.5M in total across 3 funding rounds.
Credible has raised $22.5M in total across 3 funding rounds.
Credible's investors include Signia Venture Partners, Kevin Hartz, Fontinalis Partners, Kapor Capital, Practical Venture Capital, Recursive Ventures, Venture51, Dharmesh Shah, Mark Goines, Tony Hawk.
Key people at Credible.
Credible is a financial technology (fintech) company that operates an online marketplace enabling consumers to compare and apply for personalized rates on loans, mortgages, credit cards, personal loans, and insurance products from multiple lenders without the company acting as a lender itself.[2][3][4] Headquartered in San Francisco with an additional office in Durham, North Carolina, it serves individual consumers seeking better borrowing decisions by simplifying comparisons, providing pre-qualified rates based on credit history, and expanding into insurance via its 2021 acquisition of Young Alfred.[2][3][7] Founded in 2012, Credible has demonstrated strong growth with 288 employees, $180.4 million in 2024 revenue, and $74.5 million in funding, now operating as a subsidiary of Fox Corporation since 2019.[2][4]
The platform addresses the pain of fragmented financial product shopping—previously requiring multiple account creations and data shares—by offering a clear, unbiased interface for student loan refinancing (its origin focus), mortgages in 47 states, and more, empowering users at every life stage with transparent tools.[2][3]
Credible was founded in 2012 by Australian entrepreneur Stephen Dash, who serves as CEO, starting as Stampede Labs Inc. in Delaware before rebranding to Credible in 2013.[2][4] The idea emerged from Dash's vision to create an ethical personal finance marketplace that simplifies loan comparisons, initially targeting student loan refinancing amid consumer frustration with opaque processes and generic rates.[2][3]
Early traction built through integrations with lenders and credit bureaus for personalized pre-qualified rates, a key differentiator.[2] Milestones include expanding to mortgages with a 2018 Durham office, reaching 135 employees by 2019, acquisition by Fox Corporation that year, and the 2021 Young Alfred buyout adding insurance.[2] Early backers like Australian investor Alex Waislitz and former board chair Ron Suber fueled growth.[2]
Credible rides the fintech democratization wave, capitalizing on rising consumer demand for transparent, digital-first financial tools amid high interest rates and debt loads (e.g., student loans exceeding $1.7 trillion in the U.S.).[2][3] Its timing aligns with post-2010s shifts to online marketplaces, influencing the ecosystem by pressuring traditional lenders to compete on rates and forcing comparison sites to adopt personalized data pulls.[2]
Market forces like regulatory pushes for consumer protection and AI-driven personalization favor its model, while its Fox backing amplifies reach via media synergies; it shapes fintech by prioritizing ethics over aggressive lending, fostering trust in a sector plagued by scandals.[3][4]
Credible is poised to deepen insurance integrations and expand personalized products like AI-enhanced credit insights, leveraging Fox's resources amid fintech consolidation.[2][4] Trends such as embedded finance in apps and rising mortgage refinancings (with rates potentially easing) will propel growth, potentially evolving its influence toward full lifecycle financial wellness platforms. As a proven scaler from student loans to a $180M revenue engine, Credible exemplifies how unbiased marketplaces empower consumers in a complex borrowing world.[2][3][4]
Credible has raised $22.5M across 3 funding rounds. Most recently, it raised $10.0M Series B in January 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2017 | $10.0M Series B | Signia Venture Partners | |
| Sep 1, 2015 | $12.0M Series A | Signia Venture Partners | |
| Feb 1, 2014 | $500K Seed | Kevin Hartz, Fontinalis Partners, Kapor Capital, Practical Venture Capital, Recursive Ventures, Venture51, Dharmesh Shah, Mark Goines, Tony Hawk |