Vola

Powering better credit health

Newark, United States · Founded 2017 · $3.5M raised

Headquarters
Newark, Delaware
Employees
1–10
Founded
2017
Business Model
B2C
Total Funding
$3.5M
Last Round
$3.0M Series AMay 2018
Rounds
2

About

Vola Finance is a New York-based personal finance app founded in 2017 that provides underbanked and credit-invisible users with up to $500 in no-interest, no-fee cash advances, credit score building tools, and a secured banking account. The platform does not require a credit check and uses alternative data to assess eligibility, making financial services accessible to individuals living paycheck to paycheck, students, and gig workers. Vola also offers CreditMap, a debt management and credit health tool, and a Vola Card for spending. The company has raised funding from NextView Ventures and Draycott Ventures.

Summary

Vola is a Fintech company based in Newark, United States, founded in 2017. It has raised $3.5M in total across 2 rounds, most recently a $3.0M Series A round in May 2018. Investors include NextView Ventures.

Tech & App Stack

3 technologies & apps tracked

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Funding History

SeedSeed RoundMay 2018
$500K

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Investors

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