SavvyMoney.com is a comprehensive resource for people paying off debt and taking control of their finances. SavvyMoney.com offers “do it yourself” debt help with free tools and advice on how consumers can manage and expedite paying off their debt. The site is also the home of the SavvyMoneySmart Pay Plan – a membership program, described as ‘WeightWatchers for debt.” The Smart Pay Plan is designed to keep consumers on track to pay off their debt in the smartest, fastest, cheapest way possible. For more information, visit http://www.savvymoney.com.
Plastyc delivers good banking to all by providing 24×7 access to FDIC-insured accounts that cannot overdraft, through any Internet-connected computer or mobile phone. Its iBankUP portal and UPside cards offer better services than most checking accounts at lower prices, with more ways to receive money and no risk of over-spending it. Previous companies in the track record of the principals and directors of Plastyc include financial services innovators Gemalto, Oberthur, Signio (now part of PayPal, an eBay company), ClairMail, Lending Club, and Genetic Finance.
L2C is the nation’s leading provider of advanced consumer scoring and analytics solutions. L2C leverages alternative payment and asset data to create new predictive credit, collection and marketing scores for over 260 million Americans. L2C’s clients include leading institutions in the financial service, retail, healthcare, automotive, telecommunication, and media and entertainment industries.
Progreso Financiero aims to be the partner of choice to the 23 million underbanked Hispanics in the United States who need access to responsible and empowering financial products and services. Unlike mainstream institutions, Progreso provides loans without collateral to clients who lack credit history by using its sophisticated risk-scoring system that emphasizes a client’s true capacity to afford a loan. Progreso Financiero engages with customers in their neighborhoods, in their language, and with familiar faces from the community to build relationships of trust that lead to a lifetime of growth and prosperity.
Progreso Financiero is a for-profit institution that believes in the moral collateral of its clients and is committed to providing opportunities to help its clients achieve their dreams. Since its founding in 2005, the company has made more than 350,000 loans, extending $400 million in capital to underserved Hispanic families through more than 70 locations across California and Texas and helping improve credit scores for more than 87 percent of its loan customers. For more information, please visit: www.progressfin.com.
Under the aegis of CFSI and The CFSI Catalyst Fund, the General Partner previously invested the following companies. For more information on these investments, please visit www.cfsinnovation.com/investment.php.