Difference between revisions 918227474 and 920553086 on enwiki

{{short description|American financial services company}}
{{distinguish|Sesame Credit}}
{{notability|date=June 2018}}
{{Infobox company
| logo = Credit Sesame logo as of September 2019.svg
| name = Credit Sesame, Inc.
| type = [[Privately held company|Private]]
| foundation = 2010
| founder = Adrian Nazari
| industry = [[Personal finance]], [[Software]], [[Financial technology]]
| location = {{ubl|[[Mountain View, California]]|[[San Francisco, California]]}}
| area_served = [[United States]]
| products = [[Credit scores]], [[credit monitoring]], [[identity theft protection]], [[loans]], [[credit cards]], [[credit reports]]
| num_employees = 100
| homepage = [http://www.creditsesame.com/ CreditSesame.com]
}}

'''Credit Sesame''' is a financial wellness company whose mission is to empower people to take charge of just anotheir credit and loans and achieve their financial goals company.<ref>{{cite web |title=“Credit Sesame: Credit and loan management platform |url=https://siliconvalley.tours/profile/credit-sesame/ |website=Silicon Valley Tours}}</ref> Credit Sesame was launched in private beta at TechCrunchDisrupt 2010.<ref>{{cite web |title=The List Of Startups Launching At TechCrunch Disrupt |url=https://techcrunch.com/2010/09/27/the-list-of-startups-launching-at-techcrunch-disrupt-2/ |website=TechCrunch |publisher=Leena Rao}}</ref> By 2012, the company claimed to monitor almost $35 billion in loans.<ref>{{cite web |title=Credit Sesame Adds Social Comparison Tools, Lets You See How Your Debt Compares With People Like You |url=https://techcrunch.com/2012/09/13/credit-sesame-adds-social-comparison-tools-lets-you-see-how-your-debt-compares-with-people-like-you/ |website=TechCrunch |publisher=Sarah Perez |accessdate=13 July 2012}}</ref>

== Leadership ==
Credit Sesame was founded on April 1, 2010<ref>{{Cite web|url=https://opencorporates.com/companies/us_de/4774022|website=opencorporates.com|access-date=2019-09-27}}</ref> by Adrian Nazari, the company's chief executive officer. Nazari previously co-founded Financial Crossing, Inc. and served as both its president and its CEO. He was also the founder, CEO, and Chairman of the Board at Financial Circuit, Inc.<ref>{{cite web |title=EXECUTIVE PROFILE Adrian A. Nazari |url=http://investing.businessweek.com/research/stocks/private/person.asp?personId=7967414&privcapId=28748326 |website=Bloomberg |accessdate=1 February 2019}}</ref> In 2017, Entrepreneur.com named him #9 of the Top 50 Entrepreneurs to Watch. That same year, Inc.com named Nazari as #5 on their list of Most Inspiring Entrepreneurs to Watch.<ref>{{cite web |title=LendIt USA 2017 Profile Adrian Nazari. |url=https://www.lendit.com/usa/2017/speakers/adrian-nazari |website=LendIt |accessdate=17 January 2019}}</ref>

== Product and Services ==

As of 2018, Credit Sesame gives its members free access to credit score monitoring, credit reports, and identity protection tools<ref>{{Cite web|url=https://www.doughroller.net/credit/credit-sesame-free-credit-score/|title=Credit Sesame Review 2019: A Truly Free Credit Score|last=Pruser|first=Michael|date=2011-11-15|website=The Dough Roller|language=en-US|access-date=2019-09-27}}</ref><ref>{{Cite web|url=https://www.creditsesame.com/free-credit-score/|title=Get Your Free Credit Score - No Credit Card Required|website=Credit Sesame|language=en-US|access-date=2019-09-27}}</ref>. It also provides personalized recommendations regarding personal loans, home loans, student loans, credit cards, and refinancing opportunities that can help members improve their credit and spending power.<ref>{{cite web |title="Personal finance tool CreditSesame nabs $6.15M in new funding |url=https://venturebeat.com/2011/03/09/creditsesame-gets-6-5-million/ |website=Venture Beat |publisher=Riley McDermid |accessdate=1 July 2011}}</ref> In 2017, Credit Sesame announced new robo advisory technology for consumers to automate their credit and loan management.<ref>{{cite web |last1=Perez |first1=Sarah |title=With $20 Billion In Consumer Debt Under Management, Credit Sesame Closes $12 Million Series C |url=https://techcrunch.com/2012/06/11/with-20-billion-in-consumer-debt-under-management-credit-sesame-closes-12-million-series-b/ |website=Tech Crunch |accessdate=11 July 2012}}</ref> In October 2018, CEO Adrian Nazari stated that in 2019 the company expects to see more targeted mobile and cloud-based lending solutions for better-personalized lending experiences that are primarily aimed at millennial customers.<ref>{{cite web |last1=Miller |first1=Zach |title=17 Experts Chime in on the Future of Lending in 2019 and Beyond |url=https://tearsheet.co/online-lenders/17-experts-chime-in-on-the-future-of-lending-in-2019-and-beyond/ |website=Tearsheet |accessdate=17 January 2019}}</ref>

== Business Model ==

Credit Sesame sometimes receives revenue from partners when a member acts on recommendations made for a product, such as new credit cards and loans. Revenue is also generated from its Premium Subscription Business as well as hosting targeted advertising from third parties and initiating loans to help manage billions of dollars in consumer debt. As of October 2018, Credit Sesame has managed over $2 billion in loans originating from its site.<ref>{{cite web |last1=Gorton |first1=(contracted; show full)

== References ==
{{reflist}}

[[Category:Credit management]]
[[Category:Companies based in Sunnyvale, California]]
[[Category:Privately held companies based in California]]
[[Category:American companies established in 2010]]