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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.
Social
Facebook
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
Ranked
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
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Vola Finance's founders and board of directors

Founder? Claim Profile
The founders of Vola Finance is Tushar Bagamane.
Here are the details of Vola Finance's key team 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:
Employee count trend for Vola Finance
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Brigit
Brigit
2017, New York City (United States), Acquired
Mobile application offereing loans
$38M
75/100
2nd
Logo for Earnin
Earnin
2012, Palo Alto (United States), Series C
Provider of a platform for accessing earned wages and financial tools
$190M
73/100
3rd
Logo for Beem
Beem
2006, San Francisco (United States), Seed
Cash advance app for emergencies
$7M
63/100
4th
Logo for Ualett
Ualett
2018, Wilmington (United States), Funding Raised
Provider of financial tools and cash advance services for independent workers
-
57/100
5th
Logo for FloatMe
FloatMe
2018, San Antonio (United States), Series A
Online platform for cash advance loans
$20.2M
55/100
6th
Logo for Empower
Empower
2016, San Francisco (United States), Series B
Financial technology empowering potential with cash advances, credit lines, and credit cards
$174M
50/100
7th
Logo for Vola Finance
Vola Finance
2017, Newark (United States), Series A
Developer of an online lending platform
$3.5M
52/100
8th
Logo for Fig Loans
Fig Loans
2014, Sugar Land (United States), Seed
Offers installment loans as a payday loan alternative
$4.73M
45/100
9th
Logo for Dorothy
Dorothy
2020, Philadelphia (United States), Seed
Online marketplace for cash advances focused on disaster occurrence
$150K
40/100
10th
Logo for Plain Green Loans
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:

News related to Vola Finance

•
Vola Finance launces CreditMap loan management dashboardFinextra•Aug 05, 2025•Vola Finance
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