San Francisco, United States
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.
Varthana
