Ascend Consumer Financial
Latest round
- Seed
Last raised
- Apr 2015
Total raised
- $1.5M
Investors
- 4
About Ascend Consumer Financial
Founded by Scott Crawford, the company is located in Los Angeles, US.Ascend offers personal loans designed to provide borrowers with quick access to funds for personal needs such as debt consolidation, home improvement, or unexpected expenses. The application process is streamlined, allowing customers to enter an offer code received via mail and receive a response in under 60 seconds. The RateRewards Program enables eligible borrowers to reduce interest costs by up to 50% based on creditworthiness, primarily targeting individuals with a minimum FICO score of 580 and income above USD 35,000.Ascend generates revenue through interest income from its personal loan offerings. Customers apply for loans online, using promotional codes to secure tailored interest rates. The company employs a B2C transaction structure, where borrowers apply directly for loans, subject to credit assessments.S. to broaden its customer base and reach. These initiatives are set to leverage the recent capital influx to implement strategic marketing and operational enhancements.
Who invested in Ascend Consumer Financial
4 investors across 1 round
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Funding rounds
Seed
Apr 14, 2015
Amount
$1.5M
Investors
Questions about Ascend Consumer Financial
Who invested in Ascend Consumer Financial?
Ascend Consumer Financial has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ascend Consumer Financial raised?
Ascend Consumer Financial has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Ascend Consumer Financial last raise money?
Ascend Consumer Financial's most recent round on record is a Seed, in Apr 2015.
What does Ascend Consumer Financial do?
Founded by Scott Crawford, the company is located in Los Angeles, US.
Where is Ascend Consumer Financial headquartered?
Ascend Consumer Financial is headquartered in Los Angeles, US.
Which VCs invest in companies like Ascend Consumer Financial?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Ascend Consumer Financial's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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