Stilt is a mission-driven fintech company focused on providing credit to immigrants and the underserved.
Stilt builds products to improve financial inclusion and democratize access to the credit.
Stilt was founded in 2016 by Rohit Mittal and Priyank Singh. The company is headquartered in San Francisco, California.
Stilt uses proprietary technology that scores applicants without credit reports by analyzing a wide range of financial and non-financial data to create risk models. This includes data sets from universities, half a million employers and millions of job positions, plus data from credit bureaus and banks, in addition to the type of visa an applicant has.
Stilt has given loans to thousands of immigrants at affordable rates, helped them build credit, and a strong financial foundation in the U.S.
Stilt has raised $7.5M in a Seed round on May 07, 2020. Investors included Liron Petrushka; Hillsven Capital; Streamlined Ventures; Gokul Rajaram; Bragiel Brothers; Fundbox CEO Eyal Shinar; Next Insurance CEO Guy Goldstein and others.