Vola Finance - About the company
Vola Finance is a series A company based in Newark (United States), founded in 2017 by Tushar Bagamane. It operates as a Developer of an online lending platform. Vola Finance has raised $3.5M in funding from NextView Ventures. The company has 66 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Brigit, Earnin and Beem.
Company Details
Developer of an online lending platform. It offers a platform where users can get instant advances with no interest or credit checks. It also has a feature where users can track their financial progress and credit scores and alerts users before their bank balance gets too low.
- Website
- volafinance.com
- Email ID
- *****@volafinance.com
Key Metrics
Founded Year
2017
Location
Newark, United States
Stage
Series A
Total Funding
$3.5M in 2 rounds
Latest Funding Round
Investors
Ranked
7th among 66 active competitors
Employee Count
31 as on Sep 30, 2026
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Vola Finance's funding and investors
Vola Finance has raised a total funding of $3.5M over 2 rounds. Its first funding round was on May 22, 2018. Its latest funding round was a Series A round on Oct 01, 2020 for $*****. 2 investors participated in its latest round. Vola Finance has 2 institutional investors.
Here is the list of recent funding rounds of Vola Finance:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2020 | 1445756 | Series A | 7935246 | 1542639 | 4336463 | 5580010 |
May 22, 2018 | 7273331 | Seed | 9389959 | 7613605 | 9307178 | 4479357 |
View details of Vola Finance's funding rounds and investors
Vola Finance's founders and board of directors
Founder? Claim ProfileThe founders of Vola Finance is Tushar Bagamane.
Here are the details of Vola Finance's key team members:
- Tushar Bagamane: Founder of Vola Finance.
View details of Vola Finance's Founder profiles and Board Members
Vola Finance's employee count trend
Vola Finance has 31 employees as of Sep 26. Here is Vola Finance's employee count trend over the years:
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Vola Finance's Competitors and alternates
Top competitors of Vola Finance include Brigit, Earnin and Beem. Here is the list of Top 10 competitors of Vola Finance, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brigit 2017, New York City (United States), Acquired | Mobile application offereing loans | $38M | 75/100 | |
2nd | Earnin 2012, Palo Alto (United States), Series C | Provider of a platform for accessing earned wages and financial tools | $190M | 73/100 | |
3rd | Beem 2006, San Francisco (United States), Seed | Cash advance app for emergencies | $7M | 63/100 | |
4th | Ualett 2018, Wilmington (United States), Funding Raised | Provider of financial tools and cash advance services for independent workers | - | 57/100 | |
5th | FloatMe 2018, San Antonio (United States), Series A | Online platform for cash advance loans | $20.2M | 55/100 | |
6th | Empower 2016, San Francisco (United States), Series B | Financial technology empowering potential with cash advances, credit lines, and credit cards | $174M | 50/100 | |
7th | Vola Finance 2017, Newark (United States), Series A | Developer of an online lending platform | $3.5M | 52/100 | |
8th | Fig Loans 2014, Sugar Land (United States), Seed | Offers installment loans as a payday loan alternative | $4.73M | 45/100 | |
9th | Dorothy 2020, Philadelphia (United States), Seed | Online marketplace for cash advances focused on disaster occurrence | $150K | 40/100 | |
10th | Plain Green Loans 2011, Great Falls (United States), Unfunded | Online lender of payday loans | - | - | 30/100 |
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Vola Finance's Investments and acquisitions
Vola Finance has made no investments or acquisitions yet.
Reports related to Vola Finance
Here is the latest report on Vola Finance's sector:
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