Fig Loans Texas
Latest round
- Seed
Last raised
- Jun 2018
Total raised
- $2.6M
Investors
- 4
About Fig Loans Texas
Fig Loans Texas, LLC was founded in 2015 and is headquartered in Sugar Land, Texas, US. The company focuses on providing installment loans as an alternative to payday lending, targeting individuals with limited access to conventional financial products.Fig Loans primarily offers installment loans as a credit-building alternative to traditional payday loans. Their core product allows customers to borrow amounts such as USD 300 over a term of four months, providing a transparent repayment plan with no hidden fees or complex terms. The loans are structured to be repaid in equal monthly installments, resembling the payment model of home loans, which aims to create a manageable repayment timeline within the customer's budget. Launched in 2016, Fig Loans targets individuals who may struggle to access conventional financial products, thereby catering to a client base that includes those with limited credit histories or urgent cash needs.S.Fig Loans generates revenue primarily through the interest incurred on the loans they provide to customers. The company employs a straightforward loan structure where clients choose their desired loan amount and repayment terms, resulting in fixed monthly payments over the loan duration.44 over four months. This model ensures predictable revenue streams through monthly payments and appeals to customers looking for a transparent and manageable way to meet their financial needs. The company is focusing on introducing new loan products designed to better serve its customers' financial needs.S.
Who invested in Fig Loans Texas
4 investors across 1 round
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Funding rounds
Seed
Jun 4, 2018
Amount
$2.6M
Investors
Questions about Fig Loans Texas
Who invested in Fig Loans Texas?
Fig Loans Texas 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 Fig Loans Texas raised?
Fig Loans Texas has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Fig Loans Texas last raise money?
Fig Loans Texas's most recent round on record is a Seed, in Jun 2018.
What does Fig Loans Texas do?
Fig Loans Texas, LLC was founded in 2015 and is headquartered in Sugar Land, Texas, US.
Where is Fig Loans Texas headquartered?
Fig Loans Texas is headquartered in Sugar Land, US.
Which VCs invest in companies like Fig Loans Texas?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Fig Loans Texas's stage. Their profiles are linked below.
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