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Austin-based Self Financial lands $40M for personal finance tools


Self Financial, which helps consumers establish and build credit history, has raised $40 million to accelerate marketing and product development.
The Austin-based company received the financing in a deal led by Meritech Capital with participation from investors including Altos Ventures, Conductive Ventures and Silverton Partners.
The funding follows a $20 million round in February and brings the total raised by Self to $77 million.
CEO James Garvey founded Self in 2015 after running into his own credit problems. Garvey said he thought he set up his credit cards for automatic payments, but it didn t happen. When he realized his mistake a few months later, his credit score had fallen from 750 to 594, he said.  ....

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