San Francisco, Calif., October 5, 2021 – CB Insights today named Credit Sesame, a leading financial wellness platform, to the fourth annual Fintech 250, a prestigious list of emerging worldwide private companies working on groundbreaking financial technology solutions. This year’s list was unveiled on stage at CB Insights’ Future of Fintech conference in New York City.
This recognition comes as Credit Sesame continues to launch breakthrough AI-driven services that help the millions of consumers who are locked out of the credit system. The company’s recent product and service innovations, including its credit builder banking service and the integration of rent reporting into its suite of offerings, aim to create broader financial inclusion.
“We are honored to be named to the CB Insights Fintech 250 for the second consecutive year,” said Adrian Nazari, CEO, Credit Sesame. “With over 44 million Americans currently invisible to the credit and financial system, we’re incredibly proud of the impact our services have had in closing the credit chasm. We continue to deliver innovation that helps consumers and their families achieve financial stability.”
“This is the fourth class of the Fintech 250, and it’s also the most international, representing 26 countries. These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, retail investing, and more,” said CB Insights CEO Anand Sanwal. “After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired. They also went on to raise over $25B in additional financing and forged more than 380 new partnerships after being recognized. The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different. We’re excited to see how these fintech startups disrupt and transform financial services in the years ahead.”
Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of over 17,000 companies, including applicants and nominees. They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.
About Credit Sesame
Credit Sesame is a financial wellness platform, leveraging the latest technology, AI and analytics to help consumers achieve better financial health and stability and create better opportunities for themselves and their families. Credit Sesame has helped millions of consumers improve their credit scores, increase their approval odds, lower their cost of credit and save money. Strong credit health leads to better financial health and stability, and with Sesame Cash, Credit Sesame helps accelerate consumers’ credit and financial wellness in one place. Credit Sesame is funded by leading institutional and strategic investors. The company has been recognized for its growth, innovation and market leadership by the Inc. 5000 and CB Insights Fintech 250. Credit Sesame currently operates in the U.S. and Canada. For more information on Credit Sesame, visit www.creditsesame.com and follow on Facebook, Twitter and LinkedIn.
About CB Insights
CB Insights builds software that enables the world’s best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.