The Tally app allows individuals to avoid credit card late fees and get a lower APR. To sign up for the service, the user is asked to scan her credit cards into the app and agree to a soft credit check. If approved, Tally pays off the high-interest cards using a new Tally line of credit with a lower rate.The credit line is a revolving account, which functions like the credit limit on a credit card, and is available to customers with at least a 660 FICO credit score. Every month, Tally pays each credit card on the user's behalf and then the user makes one monthly minimum payment to Tally. Since Tally’s APRs are less than standard credit card APRs, users can save money on interest and have lower monthly payments. Business Model Tally earns revenue when a user carries a balance. Since the company does not charge any fees such as balance-transfer, annual, prepayment, late- or insufficient-funds fees, the company only generates revenue when a user's Tally APR is less than his or her credit card APR.
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Type
Private
HQ
San Francisco, US
Founded
2015
Size (employees)
124 (est)+7%
Tally Technologies was founded in 2015 and is headquartered in San Francisco, US
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Key People/Management at Tally Technologies

Jasper Jason

Jasper Jason

Co-Founders
Brandea Bunnag

Brandea Bunnag

Analyst
Marco Manzo

Marco Manzo

Head of Platform Engineering
Jason Huynh

Jason Huynh

Head of Credit
Greg Silin

Greg Silin

Senior Software Engineer
Aileen Lee

Aileen Lee

Board Member
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Tally Technologies Office Locations

Tally Technologies has an office in San Francisco
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Tally Technologies Financials and Metrics

Summary Metrics

Founding Date

2015

Tally Technologies total Funding

$15 m

Tally Technologies latest funding size

$15 m

Time since last funding

2 years ago

Tally Technologies investors

Tally Technologies's latest funding round in May 2016 was reported to be $15 m. In total, Tally Technologies has raised $15 m
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Human Capital Metrics

Tally Technologies's employees are reported to be approximately 19% female and 81% male.
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Tally Technologies Online and Social Media Presence

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Tally Technologies Company Life and Culture

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