Aura logo — Aura leverages its technology to provide affordable, credit-...

Aura

Aura leverages its technology to provide affordable, credit-building loans to working families in America.

Founded 2014 United States San Francisco, United States 96 employees Debt Financing Total: $584.70M Financial Services, Fintech +2

General Information

Company Name Aura
Founded Year 2014
Location United States San Francisco, United States +3
Employees 96
Industries Financial Services, Fintech, Lending and Investments +1
Funding Stage Debt Financing
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About Aura

Aura

Aura leverages its technology to provide affordable, credit-building loans to working families in America. They are a Community Development Financial Institution (CDFI), committed to delivering innovative financial technology solutions for fairness and financial inclusion.

Most financial institutions see borrowers solely as a credit score. At Aura, they take a more holistic approach, recognizing the potential and dreams of their borrowers and aiming to be a true partner on their financial journey.

Serving low and middle-income communities at risk of being left behind, Aura has provided hundreds of thousands of affordable loans since its launch in 2014. Currently available in over 1,200 locations across California, Texas, Illinois, and Arizona, over two-thirds of Aura’s customers have seen an average credit score increase of 312 points from their first to second loan.

With the most recent $10.00M Debt Financing investment from Bridge Bank on 05 March 2020, Aura aims to further empower borrowers and guide them towards financial security and the realization of their dreams. As a player in the Financial Services, Fintech, and Banking industries, Aura is a significant contributor to the advancement of financial inclusion in the United States.

Taxonomy: financial inclusion, credit-building loans, Community Development Financial Institution, affordable loans, underbanked communities, unbanked, technology-powered, low-income communities, credit scoring algorithms, financial empowerment, working families, fairness in lending, credit score improvement, financial security

Funding Rounds & Investors (14)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
05 Mar 2020
Debt Financing •••••• 1 •••• •••• 29 Oct 2019
Debt Financing •••••• 1
Investor
24 Jul 2019
Corporate Round •••••• 1
Investor
25 Jun 2019
Debt Financing •••••• - 17 Dec 2018

View All 14 Funding Rounds

Aura Alternatives & Competitors

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FAQ About Aura

Aura leverages its technology to provide affordable, credit-building loans to working families in America.
Aura was founded in 2014.
Aura is headquartered in San Francisco, United States.
Aura operates in the following industries: Financial Services, Fintech, Lending and Investments, Banking.
Aura has approximately 96 employees.
Aura has completed 14 funding rounds, raising a total of $584.70M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Aura include Mighty Fin, Economic Justice Fund , FreeStar Financial Credit Union, CreditRepair.com, Fast Auto Loan Approval : No Down Payment Car Financing Specialist for Bad Credit Borrowers. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Aura and Mighty Fin are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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