When was Snap Finance founded?

Snap Finance was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Snap Finance located?

Snap Finance is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah.

Who is the current CEO of Snap Finance?

Matthew Hawkins of Snap Finance.

How many employees does Snap Finance have?

As of Mar 31, 2026, the latest employee count at Snap Finance is 1031.

Is Snap Finance a funded company?

Snap Finance is a funded company, having raised a total of $30.1M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 04, 2013.

How much is Snap Finance worth?

The latest valuation of Snap Finance is $***** as of Jan 18, 2023.

When was the latest funding round of Snap Finance?

Snap Finance's latest funding was a $***** Series B round on Oct 03, 2022, with participation from 0 investor. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $2.32B in funding in 2026 to date.

Where does Snap Finance rank among its competitors?

Snap Finance ranks 12th amongst 265 active competitors, of which 70 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Addi, which secured $85M in Jul, 2026.

Who are the top competitors of Snap Finance?

Snap Finance's top competitors include PayPal, Square and Klarna. Among them, Addi secured the most recent funding round in July, 2026.

Snap Finance - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of merchandise financing through partner stores. It provides users with providing point-of-sale instalment financing as well as pay later facility on their own balance sheet. It is also an online merchandise financing company providing personal credit to individuals with no credit to shop at the company's partner merchandise stores.

Website: snapfinance.com
Social
Email ID: *****@snapfinance.com
Registered Address: Salt Lake City, Utah

Key Metrics

Founded Year

2012

Location

Salt Lake City, United States

Stage

Series B

Total Funding

$30.1M in 4 rounds

Latest Funding Round

Series B, Oct 03, 2022, $*****

Post Money Valuation

$***** as on Jan 18, 2023

Investors

Summit Partners & 2 more

Ranked

12^th among 265 active competitors

Employee Count

1,031 as on Mar 31, 2026

Similar Companies

PayPal & 222 more

View Snap Finance's full profile

Snap Finance is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SNAP FINANCE LLC CIN: 810878051 , United States, Active	Dec 31, 2011	-	612 (As on Dec 31, 2024)	-

Snap Finance has raised a total funding of $30.1M over 4 rounds. Its first funding round was on Oct 04, 2013. Snap Finance has 3 institutional investors.

Here is the list of recent funding rounds of Snap Finance:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 03, 2022	9549799	Series B	8057105	2781616	8512651	8363332
Aug 28, 2017	2392026	Conventional Debt	7422081	6910017	4287035	BMO Harris Bank
Oct 07, 2014	2237074	Series A	1608377	6285438	8109305	7091910

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View details of Snap Finance's funding rounds and investors

The founders of Snap Finance is Matthew Hawkins.

Here are the details of Snap Finance's key team members:

Matthew Hawkins: Founder & CEO of Snap Finance.
Contact Info: 1 email address

View details of Snap Finance's Founder profiles and Board Members

Snap Finance's employee count trend

Snap Finance has 1,031 employees as of Mar 26. Here is Snap Finance's employee count trend over the years:

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Top competitors of Snap Finance include PayPal, Square and Klarna. Here is the list of Top 10 competitors of Snap Finance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Square 2009, San Francisco (United States), Public	Provider of integrated point of sale and business management solutions	$520M	Victory Park Capital Advisors, GIC & 59 others	85/100
3rd	Klarna 2005, Stockholm (Sweden), Public	Developer of an online platform for point-of-sale financing	$4.19B	Sequoia Capital, Silver Lake & 136 others	85/100
4th	Tabby 2019, Riyadh (Saudi Arabia), Series E	Provider of purchase financing solutions for businesses	$604M	STV, Blue Pool Capital & 28 others	83/100
5th	Addi 2018, Bogota (Colombia), Series D	Provider of an online platform for point of sale financing	$324M	GIC, Andreessen Horowitz & 38 others	79/100
6th	Paidy 2014, Tokyo (Japan), Acquired	App-based lending platform for purchase financing	$281M	Tybourne Capital Management, ITOCHU & 28 others	78/100
7th	Sunbit 2016, Los Angeles (United States), Series D	Online platform for point of sale financing	$159M	Zeev Ventures, Group 11 & 20 others	78/100
8th	Afterpay 2014, Melbourne (Australia), Acquired	Provider of buy now, pay later services with flexible options	$35.4M	Tiger Global Management, Sarissa Capital ... & 13 others	77/100
9th	Sezzle 2016, Minneapolis (United States), Acquired	Online platform for point of sale financing	$17.5M	E-Merge, Continental Investors & 10 others	76/100
10th	Zip 2013, Sydney (Australia), Public	Provider of an online platform for point-of-sale financing	-	Cooper, Victory Park Capital Advisors & 3 others	76/100
12th	Snap Finance 2012, Salt Lake City (United States), Series B	Provider of merchandise financing through partner stores	$30.1M	Summit Partners, Rock Creek Capital & 1 others	75/100