In addition to building the card product, Sample intends to use the new funding to acquire its first customers for the loans and card businesses — the majority of its customers are using the grant matching product — and onboarding new employees.
Esusu captures on-time rental payment data of renters who opt-in to its platform and reports to the three major credit bureaus–Equifax, TransUnion and Experian–to strengthen their credit scores. Esusu, a fintech that targets immigrant and minority groups and provides rent reporting and data solutions for credit building, said Thursday it has raised $130 million in a Series B fundraising round.