Katapult Accelerator almuni Esusu has bagged $2.3m in a seed extension round, bringing the total raised in this round to $4m.
The company originally closed its round in August 2019.
The FinTech’s latest fundraise was backed by investors including Acumen Fund, Concrete Rose Capital, Global Good Fund, Impact America Fund, Next Play Ventures and Zeal Capital Partners, according to Crowdfund Insider.
The company is set up to provide low-to-middle income consumers with access to financial solutions such as a rent reporting platform that captures rental payment data and reports it to credit bureaus to improve credit scores.
When closing the round last year, Esusu co-founder and co-CEO Abbey Wemimo said, “With the support of our strategic investors and partners, Esusu is poised for unprecedented growth and ready to scale to serve the millions of Americans struggling to save and create a financial identity.
“There are 45 million people in the United States without a credit score; our platform helps to score them, build their credit profiles and will ultimately unlock over $3.1 trillion in untapped capital.”
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