Financial Inclusion Platform Grow Credit Raises $2 Million

By Dan Anderson • Jun 12, 2020
  • Grow Credit — a minority-led startup financial inclusion platform — announced that Mucker Capital has joined its seed round of funding

Grow Credit — a minority-led startup financial inclusion platform — announced that Santa Monica-based fund Mucker Capital has joined its seed round of funding. Mucker Capital is joining other prominent investors including Draftkings founder and CEO Jason Robins, Adobe VP of 3D Sebastien Deguy, and NFL Hall of Famer and Super Bowl champion Ronnie Lott.

What does Grow do? Grow is the first platform in the US to enable consumers to establish or build their credit score for free using new or existing subscriptions, including HBO Max, Disney Plus, Netflix, Spotify, etc. And the platform also helps consumers establish or build credit using cellphone bills from AT&T, Verizon, Sprint, and T-Mobile.

Grow Credit’s mobile application is currently available on Apple’s iOS and Google’s Android devices.

Key Quotes:

“In the current market environment, more consumers than ever will need to build or rebuild their credit score. That is why we are thrilled that the Mucker team has embraced our vision to create a more inclusive society, through our financial inclusion platform.”

– Joe Bayen, CEO and founder at Grow Credit

“Grow Credit levels the personal finance playing field for regular, everyday people and creates a more comprehensive view of a consumer’s credit. When people pay their cellphone bills or their Netflix bills on time every month, why shouldn’t that be reflected positively on their credit? We couldn’t be happier to support Joe and Grow Credit standing up for consumers to help them build a stronger financial future for themselves and their families.”

– Erik Rannala, founder at Mucker Capital