Fundraising Fox

Snap Finance

Salt Lake City, US · Founded 2015 · 2 known investors

snapfinance.com ↗

Snap Finance offers consumer point-of-sale financing, including lease-to-own agreements, installment loans, and retail installment contracts, for shoppers buying items like tires, furniture, mattresses, appliances, and electronics. It uses alternative creditworthiness assessment beyond FICO scores and partners with over 100,000 retail stores across the US, serving more than 5 million customers.

ConsumerFintechRetail Techin /snap-finance@MySnapFinance

Founders & leadership

MH
Matthew HawkinsExecutive Officer, Director
BL
Bart LongsonExecutive Officer, Director
BK
Blake KirbyDirector
RS
Rick StratfordDirector

Investors · 2

Rock Creek CapitalNorth Salt Lake · $1M – $25M
Summit PartnersBoston · $10M – $500M

Reported raises · per SEC filings

Form D private placements
▶$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 ↗

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