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To fully automate people's finances to make them both less stressed and better off financially.
-8% employee growth in 12 months
For the millions of people across the globe who are in debt, structuring payments and financial planning can feel like a huge mountain to climb. Tally is a credit card payment app that is helping customers get debt free by consolidating credit cards and store cards into one manageable monthly payment.
Eligible clients are offered a customized low-interest line of credit. Once accepted, debts are consolidated and paid off with the Tally line of credit at a fixed rate. This is a saving grace for many people in debt who have a variable APR on multiple different cards which can be challenging to budget for. Tally charges an annual fee that's included in the line of credit so customers are not out of pocket (another smart move to help those who are already worried about cash flow).
Having achieved over $172m in funding and deploying add-on services like automatic student loan management and credit score improvement, Tally has recently brought Twitter's Jan Chong on board to grow the engineering team with a dual focus on recruiting and retaining talent as well as scaling products and capabilities so they can bring financial automation to more people.
Freddie
Company Specialist at Welcome to the Jungle
Oct 2022
$80m
SERIES D
Jun 2019
$50m
SERIES C
This company has top investors
Jason Brown
(CEO)Jason founded Gen110, focusing on consumer debt products, and Bask, a leader in remote technical support. Before launching Tally, they were an Associate at Voyager Capital, investing in early-stage media and software companies and were a Fellow at Leaders in Tech.