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.

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.

Where does Snap Finance rank among its competitors?

Snap Finance ranks 11th amongst 245 active competitors, of which 68 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Addi, which secured $89M in Feb, 2026.

Who are the top competitors of Snap Finance?

Snap Finance's top competitors include Square, Tabby and Addi. Among them, Addi secured the most recent funding round in February, 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, $*****

Investors

Summit Partners & 2 more

Ranked

11^th among 245 active competitors

Employee Count

1,031 as on Mar 31, 2026

Similar Companies

Square & 211 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	2900216	Series B	2573211	7177721	2746245	2687263
Aug 28, 2017	6778775	Conventional Debt	6122724	9073355	9986718	BMO Harris Bank
Oct 07, 2014	6584899	Series A	2744100	1566730	6258573	5713827

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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 Square, Tabby and Addi. 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	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	89/100
2nd	Tabby 2019, Dubai (United Arab Emirates), Series E	Provider of purchase financing solutions for businesses	$604M	STV, Blue Pool Capital & 28 others	83/100
3rd	Addi 2018, Bogota (Colombia), Series C	Provider of an online platform for point of sale financing	$238M	GIC, Andreessen Horowitz & 35 others	78/100
4th	Paidy 2014, Tokyo (Japan), Acquired	App-based lending platform for purchase financing	$281M	Tybourne Capital Management, ITOCHU & 28 others	78/100
5th	Sezzle 2016, Minneapolis (United States), Acquired	Online platform for point of sale financing	$17.5M	E-Merge, Continental Investors & 10 others	78/100
6th	Zip 2013, Sydney (Australia), Public	Provider of an online platform for point-of-sale financing	-	Westpac, Cooper & 3 others	77/100
7th	axio 2013, Bengaluru (India), Acquired	Provider of an online lending platform offering point of sale financing	$206M	Lightrock India, Creation Investments & 32 others	77/100
8th	Sunbit 2016, Los Angeles (United States), Series D	Online platform for point of sale financing	$159M	Zeev Ventures, Group 11 & 20 others	77/100
9th	Afterpay 2014, Melbourne (Australia), Acquired	Provider of buy now, pay later services with flexible options	$35.4M	Sarissa Capital, Coatue & 12 others	76/100
10th	Klarna 2005, Stockholm (Sweden), Public	Developer of an online platform for point-of-sale financing	$4.19B	Sequoia Capital, Silver Lake & 129 others	76/100
11th	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