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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TypePrivate
HQSan Francisco, US
Founded2015
Size (employees)128 (est)-3%
Websitemeettally.com
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

$40 m

Tally Technologies latest funding size

$25 m

Time since last funding

3 months ago

Tally Technologies investors

Tally Technologies's latest funding round in July 2018 was reported to be $25 m. In total, Tally Technologies has raised $40 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 Blogs

How to Fix a Credit Report Error (and Help Your Credit Score)

Check yourself before you wreck yourself (and your credit score). Your credit score is very important. Think of it as a barometer of your financial health. If it slips, it’ll adversely affect your chances of getting a new credit card — or it could cause you to pay more for insurance or interest on a…

Hard vs Soft Credit Check: Which Hurts My Credit Score?

Knowing the difference can help you to protect your financial health. You may have heard your credit score can take a hit when your credit report is “pulled.” Well, it’s true. Having someone “pull” your credit report can ultimately hurt your financial health, and that can make it harder to secure a …

How Asking the Right Questions Led Me to the Right Job

The amount of time you invest and the criteria you use are crucial in a job search. My “aha” moment wasn’t really an “aha” moment. It happened gradually, over the summer, and forced me to crystallize exactly what I wanted in this next phase of my career. What I ultimately found was a clearer path to…

Meet Bethy Hardeman: Tally’s Personal Finance Expert

You’ve got questions. Bethy has answers. Bethy Hardeman knows how credit card debt can consume our brains. Tally’s personal finance expert has dedicated the last seven years of her career to advising others on all things money. And she’s even dealt with her own credit mishaps. Now, those experiences…

Average FICO Credit Score Reaches All-Time High

American consumers are proving to have a greater understanding of their credit behaviors and scores. Credit quality is steadily trending upward in the United States. For the first time, the average national FICO credit score has reached an all-time high of 704, according to the credit score provider…

Tally Advisor, the Automated Answer to Credit Card Debt

Our goal is to get you out of debt as fast as possible. Our latest feature, Tally Advisor, is the best way to make that happen. Credit cards, by design, have a tremendous amount to offer. They’re a great tool for building credit and a safety net in case we encounter unexpected expenses. Once we […] …
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Tally Technologies Company Life and Culture

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