Richmond Virginia based Mission Lane is raising $150,000,000.00 in New Equity Investment.
Richmond, VA – According to filings with the U.S. Securities and Exchange Commission, Mission Lane is raising $150,000,000.00 in new funding. The recent investment will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Mission Lane
Mission Lane is a purpose-driven fintech 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. Mission Lane branded products have terms that are better and easier to understand than most of the alternatives available to people with less-than-pristine credit or limited credit history. The company’s digital self-service tools also make it easier for customers to stay on top of their accounts, further helping them succeed in improving their credit scores. To date, the company has issued over two million of its best-in-class, mobile-first credit cards, earning top customer ratings on CreditKarma for its market segment. In addition to Earn, the company recently launched a Credit Builder Account, and offers Mission Money, a debit product. In April 2022, Mission Lane earned a Great Place to Work certification and 91% overall employee satisfaction.
To learn more about Mission Lane, visit http://www.missionlane.com/
Contact:
Shane Holdaway, CEO
855-570-3732
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