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Debt Busting Tech Startup Bright Money Announces Public Launch With

Bonisiwe Shabane
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debt busting tech startup bright money announces public launch with

Build Credit history with on-time payments¹ Customized debt pay-off and budgeting plan Round up everyday purchases and save effortlessly Rebuild your credit history with rent payments Multiple loan offers from partners in minutes In the dynamic and ever-evolving landscape of sports entertainment, Apple...

Debt-Busting Tech Startup Bright Money Announces Public Launch, With $31 Million in Funding After 2 years in development, Bright Money’s MoneyScience™ technology will be accessible to all Americans thanks to this new capital SAN FRANCISCO--(BUSINESS WIRE)--Bright Money, an artificial intelligence (AI) finance platform powered by its unique MoneyScience™ algorithm, has secured $31 million in funding from Sequoia Capital India, Falcon Edge Capital and Hummingbird Ventures, alongside investments... Bright Money helps Americans take control of their debt and start building real wealth through customized AI-driven financial planning. With its algorithm, Bright Money does all the data-crunching math and financial planning for each user. Bright Money uses thousands of data points from a user’s financial life to build the best possible path to financial well-being, while fitting into the user’s daily money activities.

It works to outsmart banks and credit companies, so each Bright Money user always benefits from the best decisions for their money. The Bright Money platform is built for real financial needs that matter most to Americans, helping them get ahead and achieve their dreams. It focuses on getting people out of debt, improving their credit scores and growing savings to build real wealth. On average, users pay down more than $2,200 in credit card debt each year by utilizing the platform, saving $750 in fees and interest charges, and increasing their credit scores by 30-100 points. Unable to load subscription plans. Please try again.

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US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix of debt and equity. Encina Lender Finance provided the fintech with $50 million in debt funding, in addition to $12 million in equity funding led by Alpha Wave, Hummingbird and PeakXV. Founded in 2019 and headquartered in San Francisco, California, with an office in Bengaluru, India, Bright Money describes itself as an artificial intelligence (AI)-led bank specifically designed for consumers living with high levels of... By offering its AI-powered mobile app and customised credit products, Bright Money seeks to help consumers pay off their debts, student loans, auto and home loans, and credit card bills. Its products include credit score building, automated debt payments, financial planning and budgeting tools, and refinancing loans. With the fresh funding, Bright Money says it plans on expanding its team across product development, technology, analytics, compliance and customer service.

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Build Credit History With On-time Payments¹ Customized Debt Pay-off And

Build Credit history with on-time payments¹ Customized debt pay-off and budgeting plan Round up everyday purchases and save effortlessly Rebuild your credit history with rent payments Multiple loan offers from partners in minutes In the dynamic and ever-evolving landscape of sports entertainment, Apple...

Debt-Busting Tech Startup Bright Money Announces Public Launch, With $31

Debt-Busting Tech Startup Bright Money Announces Public Launch, With $31 Million in Funding After 2 years in development, Bright Money’s MoneyScience™ technology will be accessible to all Americans thanks to this new capital SAN FRANCISCO--(BUSINESS WIRE)--Bright Money, an artificial intelligence (AI) finance platform powered by its unique MoneyScience™ algorithm, has secured $31 million in fundin...

It Works To Outsmart Banks And Credit Companies, So Each

It works to outsmart banks and credit companies, so each Bright Money user always benefits from the best decisions for their money. The Bright Money platform is built for real financial needs that matter most to Americans, helping them get ahead and achieve their dreams. It focuses on getting people out of debt, improving their credit scores and growing savings to build real wealth. On average, us...

Your 14-day Free Trial Lasts Until 18-02-2021. If You Don't

Your 14-day free trial lasts until 18-02-2021. If you don't want to continue using e27 Pro, just cancel before the trial ends and you won't be charged (we'll email you before the trial ends to remind you). Otherwise, you will be charged for the e27 Pro membership, depending on the plan you are on. You can cancel any time. Congratulations! Your e27 Pro membership is now active.

US-based Consumer Fintech Start-up Bright Money Has Secured $62 Million

US-based consumer fintech start-up Bright Money has secured $62 million in a fresh round of funding, which consists of a mix of debt and equity. Encina Lender Finance provided the fintech with $50 million in debt funding, in addition to $12 million in equity funding led by Alpha Wave, Hummingbird and PeakXV. Founded in 2019 and headquartered in San Francisco, California, with an office in Bengalur...