We are launching a new type of credit card powered by an advanced asset securing platform that enables us to offer much lower APRs to consumers. Our team is a combination of technology (Microsoft, Facebook, Square), and finance (Goldman, Affirm, SoFi, LendingClub) executives. Our Seed round was led by Max Levchin, with participation from Founders Fund (Keith Rabois), Nyca (Hans Morris), Sequoia and others.
Our work involves building the world’s first completely autonomous asset-securing process, world-class risk & underwriting models, and a beautifully smooth product experience for consumers to apply, activate, and manage their credit cards. Our launch is targeted for summer 2020.