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Rightfoot provides a financial data platform delivering credential-less, real-time bank and debit card information to lenders. This technology offers financial institutions essential borrower insights without customer logins, streamlining data access. Its products include Rightfoot Balance for live checks and account verification, and a Collections Portal, boosting recovery by prioritizing outreach based on financial capacity.
Founded in 2018 by Danielle Pensack, Deirdre Clute, and Will Schmitt, Rightfoot began with college savings. CEO Danielle Pensack and the team recognized the widespread challenge of stale financial data for lenders. This insight prompted a pivot to developing secure, real-time data exchange, directly addressing needs in preventing payment failures and optimizing collections.
Rightfoot serves financial institutions and lenders focused on optimizing payment performance and reducing loan defaults. The company’s vision is to modernize financial data infrastructure, empowering clients with precise, real-time insights for informed decision-making. By enhancing operational efficiency and mitigating risk, Rightfoot aims to cultivate a robust financial ecosystem.
Rightfoot has raised $20.0M across 2 funding rounds.
Rightfoot has raised $20.0M in total across 2 funding rounds.
Rightfoot is a fintech company that provides credential-less, consumer-permissioned financial and student-debt repayment data via APIs to lenders, fintechs and employers, enabling real‑time balances, transaction signals and automated repayment flows without customers sharing bank logins.[5][1]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reiteration: Rightfoot’s value proposition is concise — provide credential‑less, consumer‑permissioned financial data and repayment rails via simple APIs so lenders, fintechs and employers can prevent failed payments, improve recoveries and offer embedded repayment experiences without requiring customers to share bank logins.[5][1]
Rightfoot has raised $20.0M across 2 funding rounds. Most recently, it raised $15.0M Series A in August 2023.
Rightfoot has raised $20.0M in total across 2 funding rounds.
Rightfoot's investors include Renegade Partners, Manu Gupta, Kevin Hartz, Coinbase Ventures, Greylock, Jett Fein, Lakestar, Manresa Ventures, Redpoint Ventures, Sarah Smith Fund, XYZ Venture Capital, Akshay Kothari.