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Reach Financial
Digital banking and lending platform
- 21-100 employees
- Fintech
- B2C
- Retail
- Banking
- Lending
- Financial District, New York, NY
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Company mission
Reach's mission is to help people outsmart debt for good
Our take
Around 20% of U.S. venture capital poured into FinTech in 2021. Ripe for disruption, financial services like lending are also incredibly lucrative businesses. Reach Financial is part of a cohort of startups trying to reshape the lending experience for consumers in the U.S.
While many technology companies have attempted to go after this vertical, few have done so with the poise of Reach. Others have pursued flashy product features and feel-good branding. Instead, Reach has steadily built up a reputation for offering a practical, modern lending service distinguished for its customer service.
The startup also differentiates itself by its proprietary method for underwriting good borrowers based on signals that go well beyond credit scores. A major part of its focus will be refining its combination of artificial intelligence and machine learning to approve applicants who may be overlooked by other lenders.
Performing as a lender is becoming increasingly difficult in the current economic climate. Strong capabilities as an underwriter combined with a stellar reputation among borrowers should see Reach fare better than most venture-backed fintechs in this cycle.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Learning & development | Monthly lunch-and-learns, quarterly financial wellness webinars and online training courses are just some of the ways we help you grow and recognize growth in each other
- Team Events | We provide regular opportunities to gather as a community, both virtually and safely in-person — whether it’s Pride Month, the Summer Step Challenge, or our end-of-the-year holiday party, we are here to celebrate what makes us unique!
- Parental leave | We offer 12 weeks of paid parental leave to give new parents the time they need and deserve to bond with their new family members
- Flexible geography | We are flexible on where our team members live, with a commitment to virtual workplace interaction, collaboration, and engagement
- Time-off | Our generous vacation day policy provides 3-6 weeks depending on your time with us. Additionally, we provide 1 paid day to volunteer at the non-profit of your choice!
- Health insurance | Our comprehensive medical, dental, and vision plans ensure that our team members and their families are protected and supported
- Life insurance | We are happy to cover up to $250,000 in life insurance benefits for every team member
- 401k savings | Our 401k plan that includes a company match that lets you save tax-free for retirement
Company values
- Empathy | Life happens. We can relate, and we can help.
- Transparency | Honesty and clarity every step of the way, even when it’s hard.
- Innovation | Challenge the industry for the good of the consumer – and break the status quo.
- Progress | Be better today than yesterday. Move forward in everything we do.
- Empowerment | Provide the knowledge and tools to confidently reach our goals together.
Leadership
Daniel Tilipman
(CEO)Previously President and Co-founder of National Debt Relief.
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