Swell Financial, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Swell Financial, Inc. - overview
Established
2021
Location
Denver, CO, US
Primary Industry
Financial Services
About
Founded in 2021 and based in Colorado, US, Swell Financial, Inc. operates as a technology company that helps individuals to manage their spending, tackle debt, and grow their money. In February 2022, Swell Financial, Inc. raised USD 10 million in Series A funding led by Park Cities Asset Management including Elevate Credit, Inc.
and Central Pacific Financial Corp. Kevin Dahlstromis the founder and CEO of the company. The company is a developer of the Swell App, which includes several features to help customers automatically control spending, tackle debt, and invest in exclusive private market opportunities. The firm offers Swell Cash™ and Swell Credit™, which are integrated checking accounts and lines of credit designed to help people spend less money.
Swell Financial also provides Swell Crypto™ to buy, sell, and spend crypto from Swell mobile app and Swell Compound™ to accumulate assets. The organization plans to use the February 2022 funding to build a consumer line of credit that helps people manage cash flow and tackle debt.
Current Investors
Central Pacific Financial Corp., Elevate Credit, Inc., Park Cities Asset Management
Primary Industry
Financial Services
Sub Industries
Consumer Finance, e-Financial
Website
www.swellmoney.com
Verticals
FinTech
Company Stage
Series A
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.