Aura
closedDate | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$7.0m | Series A | ||
$17.2m | Series B | ||
$25.5m | Series C | ||
$50.0m | Series D | ||
$10.0m | Early VC | ||
N/A | $420k | Seed | |
Total Funding | €100m |
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Recent News about Aura
EditAura Financial LLC operates in the financial services sector, providing affordable, credit-building loans to low and middle-income working families in America. The company serves communities at risk of being left behind by traditional financial institutions. Aura's business model focuses on offering installment loans that help clients improve their credit scores, thereby enabling them to achieve financial security and fulfill their dreams. The company generates revenue through interest and fees associated with these loans. Aura operates under various state-specific licenses, ensuring compliance with local regulations. The target market includes individuals who may not have access to conventional banking services but are creditworthy based on their credit reports and other criteria. Aura's mission is to empower borrowers by providing them with the financial tools they need to succeed. The company also offers personalized customer service to address any issues borrowers may face, especially during challenging times like the COVID-19 pandemic.
Keywords: affordable loans, credit-building, working families, financial security, installment loans, low-income, middle-income, credit score improvement, state licenses, personalized service.