Credit Sesame Takes the Guesswork Out of Obtaining Credit Cards

SAN FRANCISCO, Nov. 20, 2017 /PRNewswire/ -- Credit Sesame, a fast-growing, personalized credit service and financial wellness company, today announced the launch of its new personalized pre-qualification services. Members can now automatically access their personalized and pre-qualified options for credit cards and obtain credit approvals in real time with confidence by leveraging Credit Sesame's unique and robust data and analytics.

The new feature allows Credit Sesame to provide consumers with unprecedented transparency and confidence with just a few clicks. The automatic pre-qualification securely analyzes member credit and financial profiles against various credit card issuers credit approval without exposing their financial information unnecessarily or impacting their credit score. It immensely streamlines the application process and removes time-consuming steps, but it also minimizes the exposure of sensitive personal information while maximizing approval potential. Given the high frequency of major personal data breaches experienced today, Credit Sesame is proud to introduce new options such as personalized credit pre-qualification to help consumers protect their financial information and reduce their exposure.

"Our data capabilities and analytics are changing the way consumers access credit across the board and the days that consumers had to randomly apply for credit cards hoping to get an approval are soon to be long gone," said Adrian Nazari, founder and CEO of Credit Sesame. "This is a giant step towards bringing more transparency, certainty and confidence to obtaining a credit card for qualified consumers."

This new service goes beyond Credit Sesame's existing and successful approval odds service. Credit Sesame's over 12 million members will now be able to automatically identify credit cards they are pre-qualified for upon log-in and Credit Sesame's integration with the credit card issuers increases the ease and data security during the application and approval process for members seeking new credit options.

"Credit Sesame continues to build towards its vision of a simplified and automated consumer credit experience and will be introducing a number of enhancements that put more power in the hands of consumers," said Jesse Levey, Chief Operating Officer of Credit Sesame. "We're excited to roll out this new service which is immediately available to our members. Consumers are looking for transparency and guidance in their personal finance journey and this new service will offer that to millions of our members."

This announcement comes on the heels of Credit Sesame's recent $42 million growth funding round, bringing the San Francisco-based fintech company's total funding to over $77 million. The funds are being used to employ over 100 new hires for the engineering, data science and analytics teams.

About Credit Sesame
Credit Sesame is the fastest growing personalized credit service with one purpose: to help consumers achieve financial wellness and reach their financial goals by improving and leveraging their credit. The San Francisco-based fintech company is empowering millions of consumers to take control of their financial lives with actionable robo-advice technology and motivating daily communications. GROWTH is the objective of everything the company does, from the financial growth of its members to the professional growth of its employees.

For more information on Credit Sesame, visit www.creditsesame.com and follow on Facebook, Twitter and LinkedIn. For more details on careers at Credit Sesame, see here.

SOURCE Credit Sesame