Mission Lane

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General Information
Company Name
Mission Lane
Founded Year
2018
Location (Offices)
Richmond, United States +2
Founders / Decision Makers
Number of Employees
412
Industries
Finance, Financial Services
Funding Stage
Series Unknown
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Mission Lane - Company Profile

Mission Lane is a purpose-driven fintech company that leverages advanced technology, data analytics, and machine learning to provide a dignified customer experience to people who are working hard to build or rebuild their credit and improve their financial lives. Offering branded products through sponsor banks, Mission Lane aims to provide better and easier-to-understand terms than many alternatives available to individuals with less-than-perfect credit or limited credit history. The company's digital self-service tools make it easier for customers to stay on top of their accounts, and with responsible use, Mission Lane branded products and tools can help them improve their credit. Notably, over three million consumers have chosen Mission Lane, earning high customer ratings on Credit Karma for its market segment. Established in 2018 and headquartered in the United States, Mission Lane has cumulatively raised over $600 million of equity from leading investors, including Invus Opportunities, QED Investors, LL Funds, and funds affiliated with Oaktree Capital Management to drive its mission of setting a new standard of financial services for everyday Americans. The most recent investment was a $25.00M Venture Round investment on 15 June 2022.

Taxonomy: Credit Services, Financial Inclusion, Equity Funding, Credit Cards, Technology, Digital Self-Service, Credit Improvement, Investors, Startup, Financial Health, Sponsor Banks

Funding Rounds & Investors of Mission Lane (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round $25.00M - 15 Jun 2022
Debt Financing $150.00M 1 27 Oct 2021
Series A $200.00M 5 17 Sep 2019
Debt Financing $300.00M 2 16 Sep 2019

Latest News of Mission Lane

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No recent news or press coverage available for Mission Lane.

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