# Branch International

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/branch-international

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.branchapp.in/
- Total disclosed funding: $203M
- Latest round: Series C (Apr 8, 2019)
- Investors on record: 12

## About

Branch International, Inc. is a US-based financial technology company specializing in mobile lending solutions, providing users with quick access to personal loans through an innovative app.Branch International, Inc. offers accessible financial services, primarily focusing on personal loans through its mobile application. Founded in 2015 in San Francisco, US, by Daniel Jung, Matthew Flannery, and Random Bares, the company has completed 10 deals. Its latest funding round took place on January 28, 2022, when it raised USD 5.00 mn from Barium Capital, bringing the total amount raised to USD 5.00 mn.Branch India specializes in providing accessible financial solutions through its core product, a mobile app that facilitates personal loans. The app allows users to apply for loan amounts of up to ?5,00,000, enabling them to meet various financial needs quickly and conveniently. By leveraging a streamlined digital process, Branch minimizes the barriers typically associated with traditional lending, eliminating cumbersome paperwork and extensive approval waits. This service is particularly geared towards individuals looking to build or improve their credit history while enjoying the flexibility of accessing funds anytime and anywhere. Branch primarily serves the Indian market, addressing the financial needs of tech-savvy consumers who prefer mobile solutions for their banking requirements.Branch India generates revenue through the provision of personal loans that are accessible via its app. Clients initiate transactions by applying for loans, which are then assessed and approved, often within a 24-hour timeframe. The revenue model is driven by interest payments on these loans, as well as potential fees associated with late payments or other service-related charges. The company may also engage in partnerships to enhance service offerings, potentially contributing additional revenue streams. While the specific pricing structure for individual loan products or services is not publicly detailed, the emphasis on user-friendly access to financing through the app underscores Branch's commitment to providing value to its customer base.In January 2022, Branch International, Inc. raised USD 5.00 mn in venture debt funding from new investor Cauris. The company plans to utilize this funding to expand its operations in India, with an aim to reach a broader customer base. While specific new products have not been detailed, the company is strategically focused on enhancing its mobile app to better meet the financial needs of users in the Indian market.

## Funding rounds

- Series C, Apr 8, 2019, $170M — Foundation Capital, Greenspring Associates, Trinity Ventures, Andreessen Horowitz, Victory Park Capital, Visa Inc., Formation8, CreditEase Corp., B Capital, Foxhaven Asset Management, IFC Venture Capital
- Series B, Dec 4, 2017, $22M — Trinity Ventures, Andreessen Horowitz, CreditEase Corp., IFC Venture Capital
- Series A, Mar 30, 2016, $9.2M — Andreessen Horowitz, Formation8, Khosla Impact
- Seed, May 7, 2015, $1.4M — Formation8, Khosla Impact

## Investors

- Formation8 (https://capitalatlas.ai/funds/formation8) — Seed, Series A, Series C
- Khosla Impact — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B, Series C
- Trinity Ventures (https://capitalatlas.ai/funds/trinity-ventures) — Series B, Series C
- CreditEase Corp. — Series B, Series C
- IFC Venture Capital (https://capitalatlas.ai/funds/ifc-venture-capital) — Series B, Series C
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series C
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series C
- Victory Park Capital (https://capitalatlas.ai/funds/victory-park-capital) — Series C
- Visa Inc. — Series C
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series C
- Foxhaven Asset Management — Series C