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Mission Lane logo — Join the Movement

Mission Lane

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Founded 2018 United States Richmond, United States 412 employees Series Unknown Total: $675.00M Finance, Financial Services

General Information

Company Name Mission Lane
Founded Year 2018
Location United States Richmond, United States +2
Employees 412
Industries Finance, Financial Services
Funding Stage Series Unknown
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About Mission Lane

Mission Lane is a purpose-driven fintech company that leverages advanced technology, data analytics, and machine learning to provide a dignified customer experience to people who are working hard to build or rebuild their credit and improve their financial lives. Offering branded products through sponsor banks, Mission Lane aims to provide better and easier-to-understand terms than many alternatives available to individuals with less-than-perfect credit or limited credit history. The company's digital self-service tools make it easier for customers to stay on top of their accounts, and with responsible use, Mission Lane branded products and tools can help them improve their credit. Notably, over three million consumers have chosen Mission Lane, earning high customer ratings on Credit Karma for its market segment. Established in 2018 and headquartered in the United States, Mission Lane has cumulatively raised over $600 million of equity from leading investors, including Invus Opportunities, QED Investors, LL Funds, and funds affiliated with Oaktree Capital Management to drive its mission of setting a new standard of financial services for everyday Americans. The most recent investment was a $25.00M Venture Round investment on 15 June 2022.

Taxonomy: Credit Services, Financial Inclusion, Equity Funding, Credit Cards, Technology, Digital Self-Service, Credit Improvement, Investors, Startup, Financial Health, Sponsor Banks

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• - 15 Jun 2022
Debt Financing •••••• 1
Investor
27 Oct 2021
Series A •••••• 5
Investor Investor Investor Investor Investor
17 Sep 2019
Debt Financing •••••• 2
Investor Investor
16 Sep 2019

Mission Lane Alternatives & Competitors

Mission Lane vs
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Mission Lane vs
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Mission Lane vs
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FAQ About Mission Lane

Join the Movement
Mission Lane was founded in 2018.
Mission Lane is headquartered in Richmond, United States.
Mission Lane operates in the following industries: Finance, Financial Services.
Mission Lane has approximately 412 employees.
Mission Lane has completed 4 funding rounds, raising a total of $675.00M. The latest funding stage is Series Unknown.
Top alternatives and competitors to Mission Lane include ClearScore, Avant, Experian Consumer Services, Freo, FISCAL SPREADING & TRACKING. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mission Lane and ClearScore 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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