Skip to content
Finova Financial logo — Empowering financially underserved Americans with fast, affo...

Finova Financial

Empowering financially underserved Americans with fast, affordable car equity loans and a pathway to better financial health.

Founded 2016 Venture round Total: $155.00M Financial Services, Fintech +2

General Information

Company Name Finova Financial
Founded Year 2016
Industries Financial Services, Fintech, Insurance +1
Funding Stage Venture round
Social

BounceWatch is an independent company data service, not affiliated with Finova Financial. To contact Finova Financial, visit finovafinancial.com.

Is this your company?

Confirm with your work e-mail, get the Verified badge and keep this profile correct yourself. Search engines and AI assistants read it every day.

Get Verified

How does Finova Financial compare?

A PDF of Finova Financial and up to 10 competitors you pick: team, funding, traffic and every dated move of the last 90 days. Each company is re-checked on the day you order, so it is current.

See a sample report

This takes a few seconds: we look beyond our own index too.

Meeting Finova Financial soon?

A one-page PDF brief: what it does, key facts, the last 90 days of dated moves and questions worth asking. Re-checked on the day you order. See a sample

About Finova Financial

Finova Financial is a socially responsible lender, aiming to empower financially underserved Americans by offering fast and affordable car equity loans. The company's Car Equity Line of Credit (C-LOC) is 70% more cost-effective than the national average and provides immediate access to capital, addressing the needs of the 70 million underserved Americans who collectively spend $138 billion on fees and interest annually. Founded in 2016, the company has received a Venture Round investment on 20th April 2018 from Ausum Ventures. Finova's approach not only offers immediate credit solutions but also focuses on providing ongoing financial education, aiming to improve the economic health of its clients. The company's commitment to building relationships rather than transactions has resulted in positive feedback from clients, making it a promising player in the Financial Services, Fintech, Insurance, Lending, and Investments industries. With a strong focus on leveraging technology to meet the needs of underserved Americans, Finova is poised for further growth and potential impact in the financial services sector.

Business keywords: car equity loans, socially responsible lending, financial health, underbanked, credit solutions, digital financial services, consumer finance, online lending, financial education

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Ausum Ventures
20 Apr 2018
Debt Financing Undisclosed 1
CoVenture
18 Oct 2017
Venture Round $102.50M 1
CoVenture
18 Oct 2017
Venture Round $52.50M 7
500 Startups, Compound Ventures +5
10 Aug 2016
Seed Round Undisclosed -
28 Jan 2016

Finova Financial Alternatives & Competitors

View All Alternatives
Finova Financial vs
Cashalo
Cashalo Philippines

A fintech company on a mission to unlock financial access, freedom, and opportunity for every Filipi...

Venture round
512 employees
Financial Services, Fintech
Finova Financial vs

Empowering the supply chains of India's leading corporates with fast, affordable, flexible, and opti...

123 employees
Financial Services, Fintech
Finova Financial vs
Harmoney
Harmoney New Zealand

ASX / HMY. Personal loans to start almost anything. #Harmoney #startnow #startfresh #HMY

Private Equity
163 employees
Finance, Financial Services

FAQ About Finova Financial

Empowering financially underserved Americans with fast, affordable car equity loans and a pathway to better financial health.
Finova Financial was founded in 2016.
Finova Financial operates in Financial Services, Fintech, Insurance and Lending and Investments. Its work centres on car equity loans, socially responsible lending, financial health and underbanked.
Finova Financial has completed 5 funding rounds, raising a total of $155.00M. The latest funding stage is Venture round.
Top alternatives and competitors to Finova Financial include Cashalo, Loan Frame, Harmoney, RapiCredit, Monedo Holding GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Finova Financial and Cashalo 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.

Source: BounceWatch company record for Finova Financial, https://bouncewatch.com/company/finova-financial, updated 27 December 2024. When citing, please name BounceWatch and link this page.

Analytics cookies (ours + Google). Cookie Policy

Talk to an analyst Book a 7-day Readout