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Altro

Build Credit With Your Subscriptions

Acquired

About

Altro (altro.io) is a platform that enables members to build credit no matter who they are, where they are from, or their history of credit access/score. We serve the 68M people in the US (mainly Women and POC) who are denied credit due to historical bias and the lack of access that current banks provide to credit building and tools. (It wasn't until The Equal Credit Opportunity Act in the 1970's that Women and "Minorities" could even get fair access to credit)!

Altro has created a mobile that allows anyone to have access to credit, using their subscriptions as a means to start building their credit score. Altro lends to members a $75 Line of Credit to pay for their subscriptions, such as Netflix, Hulu, HelloFresh, etc. This card is built to solely work on the subscriptions that the member is already paying for, allowing them to securely use their $75 credit to build their credit using things they are already paying for.

Doing this empowers folx who were denied credit a way to start building their score and financial power. Altro will service millions of people in not only building their credit, but also gaining access to the tools (such as personal loans, emergency funds, car/house loans and more) that they could not access prior.

Topics

Location
Los Angeles, CA, United States
Team size
29 employees
YC batch
Summer 2020
Status
Acquired
Stage
Growth stage

Similar startups & competitors

Questions and answers

What does Altro do?

Build Credit With Your Subscriptions

Where is Altro based?

Los Angeles, CA, United States

How many people work at Altro?

29 employees, according to the company profile.

Has Altro raised money?

There are no funding rounds for Altro in our data.

What are the alternatives to Altro?

Similar startups: GiveCampus, Careerist, and Bloom Institute of Technology.