/Companies

Snap Finance

Salt Lake City, US · Founded 2015 · 1,049 employees on LinkedIn · 3 known investors

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Snap Finance offers lease-to-own financing, retail installment contracts, and bank installment loans for U.S. consumers, with approvals from $300 to $5,000 and no FICO score impact to apply. It also provides Seen-branded credit products, including a Mastercard credit card, aimed at consumers building or accessing credit.

Founders & leadership

BL
Bart LongsonPrincipal & Board MemberCEO/Founder at ClickLease
MHMatthew Hawkins
Matthew HawkinsFounder/Executive ChairmanPositions held until the close of the offering. at Snap Advances

Board

RSRick Stratford
Rick StratfordBoard directorManaging Director at Rock Creek Capital
BK
Blake KirbyBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$13.4M disclosed across 2 rounds · 2014–2015

▶$7.3MraisedJan 2016 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Rick StratfordDirector
  • Matthew HawkinsExecutive Officer, Director
  • Bart LongsonExecutive Officer, Director
  • Blake KirbyDirector
Offering amount
$7.3M
Amount sold
$7.3M
Proceeds to insiders
$1.4M
First sale
Dec 2015
Incorporated
Limited Liability Company, Utah, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.1MraisedOct 2014 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Bart LongsonExecutive Officer, Director
  • Rick StratfordDirector
  • Blake KirbyDirector
  • Matthew HawkinsExecutive Officer, Director
Offering amount
$6.1M
Amount sold
$6.1M
Proceeds to insiders
$1.4M
First sale
Sep 2014
Incorporated
Limited Liability Company, Utah, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Snap Finance do?
Snap Finance offers lease-to-own financing, retail installment contracts, and bank installment loans for U.S. consumers, with approvals from $300 to $5,000 and no FICO score impact to apply. It also provides Seen-branded credit products, including a Mastercard credit card, aimed at consumers building or accessing credit.
Who are Snap Finance's investors?
Snap Finance's investors include Rock Creek Capital, Summit Partners, XG Ventures.
How much funding has Snap Finance raised?
Snap Finance has disclosed $13.4M raised across 2 rounds.
Where is Snap Finance headquartered?
Snap Finance is headquartered in Salt Lake City, US.