Otto

We believe everyone should have equitable access to affordable credit.

Right now, 1 in 4 people in the U.S. lacks that access and resorts to using high interest, predatory loans (think: Payday, Title, Pawn, and Personal Loans) to make ends meet. These 300%+ APR short term loans trap borrowers in a downward debt spiral and severely limit their chances for getting ahead.

Leveraging modern technology, we are building the world's first asset-backed revolving credit product that makes inclusive lending decisions agnostic of credit score and delivers standard interest credit through a simple mobile platform.

While $3T worth of vehicles are owned outright in the U.S., tens of millions of their owners are denied by traditional lenders. We are unlocking the value in those vehicles to provide sustainable credit for those that need it most.