Possible - About the company
Possible is a series B company based in Las Vegas (United States), founded in 2017 by Prasad Mahendra and Tony Huang. It operates as a Provider of financial technology offering loan and credit building services. Possible has raised $49.6M in funding from investors like Union Square Ventures, Canvas Ventures and Columbia Pacific Advisors. The company has 21 active competitors, including 8 funded and 1 that has exited. Its top competitors include companies like Happy Money, Kikoff and Mine.
Company Details
Provider of financial technology offering loan and credit building services. The company provides access to small-dollar installment loans through a mobile application. It offers advances and reports bill payments to credit bureaus. The company aims to provide financial solutions and promote financial health for its customers.
- Website
- www.possiblefinance.com/
- Email ID
- *****@possiblefinance.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
Las Vegas, United States
Stage
Series B
Total Funding
$49.6M in 10 rounds
Latest Funding Round
Investors
Ranked
3rd among 21 active competitors
Employee Count
132 as on Sep 30, 2026
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Possible's funding and investors
Possible has raised a total funding of $49.6M over 10 rounds. Its first funding round was on Nov 30, 2017. Its latest funding round was a Series B round on May 03, 2022 for $*****. 4 investors participated in its latest round. Possible has 12 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Possible:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 03, 2022 | 4612558 | Series B | 6030774 | 8143301 | 6099974 | 5386116 |
Oct 20, 2020 | 9596246 | Conventional Debt | 4120487 | 6310419 | 7477993 | |
Oct 20, 2020 | 2687217 | Series B | 5565836 | 2964646 |
View details of Possible's funding rounds and investors
Possible's founders and board of directors
Founder? Claim ProfileHere are the details of Possible's key team members:
- Prasad Mahendra: Co-Founder of Possible. Contact Info: 1 email address
- Tony Huang: Co-Founder & CEO of Possible. Contact Info: 1 email address
View details of Possible's Founder profiles and Board Members
Possible's employee count trend
Possible has 132 employees as of Sep 26. Here is Possible's employee count trend over the years:
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Possible's Competitors and alternates
Top competitors of Possible include Happy Money, Kikoff and Mine. Here is the list of Top 10 competitors of Possible, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Happy Money 2009, Torrance (United States), Series E | Financial planning company offering personal loans | $342M | 77/100 | |
2nd | Kikoff 2011, San Francisco (United States), Series B | Online platform for credit builder loans | $42.5M | 68/100 | |
3rd | Possible 2017, Las Vegas (United States), Series B | Provider of financial technology offering loan and credit building services | $49.6M | 65/100 | |
4th | Mine 2021, New York City (United States), Series A | Modern personal finance app and credit-building platform | $32.5M | 63/100 | |
5th | Self 2015, Austin (United States), Series E | Online marketplace for credit builder loans | $127M | 60/100 | |
6th | MeetAva 2017, Rancho Santa Margarita (United States), Seed | Online platform for credit builder loans | $15M | 55/100 | |
7th | Upwardli 2021, Seattle (United States), Seed | Online comparison platform for financial services | $12M | 53/100 | |
8th | Aura 2012, San Francisco (United States), Series D | Online credit-building loans platform | $83.4M | 51/100 | |
9th | Kovo Credit 2019, Beaverton (United States), Unfunded | Credit building and management platform | - | - | 36/100 |
10th | ![]() Sparrow Card Beaverton (United States), Unfunded | Provider of credit cards designed for building personal financial history | - | - | 33/100 |
Looking for more details on Possible's competitors? Click here to see the top ones
Possible's Investments and acquisitions
Possible has made no investments or acquisitions yet.
Reports related to Possible
Here is the latest report on Possible's sector:
News related to Possible
•
Possible Finance: $20 Million in Equity Financing and New Executive Hires Will Support Continued GrowthFintech Finance•May 10, 2022•Possible, Union Square Ventures, Canvas Ventures, Unlock Venture Partners and 2 others
•
U.S. Fintech Possible Secures $11 Million Through Series B Funding Round Led By Union Square VenturesCrowdfund Insider•Oct 20, 2020•Possible, Union Square Ventures, Canvas Ventures, Unlock Venture Partners and 4 others
•
Possible Finance lands $10.5 million to provide consumers softer, kinder short-term loansTechCrunch+•Jun 06, 2019•Possible, Rebecca Lynn
•
Possible Finance lands $30M credit facility, expands small dollar loan service to TexasGeekWire•Apr 02, 2019•Possible, Park Cities Asset Management
•
Possible Finance Raises $4.3M to Expand Financial Access to Underserved AmericansPR Newswire•Feb 06, 2019•Possible, Columbia Pacific Advisors, Unlock Venture Partners, Union Bay Partners and 3 others
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