Altro
Financials
Estimates*
USD | 2022 | 2023 |
---|---|---|
Revenues | 17.0m | 49.5m |
% growth | - | 191 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Convertible | ||
$150k | Seed | ||
$2.5m | Seed | ||
N/A | Seed | ||
* | $18.0m | Series A | |
* | N/A | $4.0m Valuation: $90.0m | Angel |
Total Funding | €22.4m |
Related Content
Recent News about Altro
EditAltro.io is a fintech startup that aims to democratize financial power by helping users build credit through their everyday payments and subscriptions. The company operates in the financial services market, specifically in the credit building sector. Its primary clients are individuals who are looking to improve their credit scores and gain financial literacy.
Altro's business model revolves around its mobile application. Users download the app and link their recurring payments and subscriptions. Altro then covers these payments and the users pay back Altro, thereby building their credit history. This model allows users to leverage payments that are often overlooked in traditional credit scoring models, such as subscription services, to improve their credit scores.
In addition to credit building, Altro also provides financial education resources. Users can listen to short audio episodes that cover a range of topics, from the basics of stocks and cryptocurrency to personal finance management. This feature helps users make informed financial decisions and take control of their finances.
Altro's revenue model is not explicitly stated, but it likely involves a combination of transaction fees, subscription fees for premium features, and partnerships with financial institutions.
In summary, Altro.io is a credit-building and financial literacy platform that empowers users to improve their financial standing by leveraging everyday payments and subscriptions.
Keywords: Fintech, Credit Building, Financial Literacy, Mobile App, Subscription Payments, Recurring Payments, Personal Finance Management, Financial Empowerment, Financial Services, Financial Education.