Digit

San Francisco, United States Founded: 2013 • Age: 13 yrs Acquired By Oportun
Money is automatically saved for users by a mobile app.
Annual revenue - Latest available
Total funding $64.0M 5 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Digit

Digit is a company based in San Francisco (United States) founded in 2013 was acquired by Oportun in November 2021. Digit has raised $64.05 million across 5 funding rounds from investors including Oportun, Ribbit Capital and General Catalyst. Digit operates in a competitive market with competitors including Qapital, Tala, SaveUp, Finnt and Seashell, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hello Digit, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $64.05 M (USD)

    in 5 rounds

  • Latest Funding Round
    $27.5 M (USD), Series C

    Sep 30, 2019

  • Investors
    Oportun

    & 10 more

  • Employee Count
    Not available
  • Acquired by
    Oportun

    (Nov 16, 2021)

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People of Digit

Headcount 50-200
Employee Profiles 17
Employee Profiles
People
Rodrigo Noronha
Senior Software Engineer
People
Martin Lespada
Head of Operations & Finance
People
Nathan Brown
Head of Compliance
People
Shawn McDonald
Logistical Manager

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Funding Insights of Digit

Digit has successfully raised a total of $64.05M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $27.5 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Digit

Digit has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Oportun, Ribbit Capital and General Catalyst.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investment and transformation services for entrepreneurs in technology and finance sectors.
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Early-stage companies in fintech and multiple sectors are invested in.
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Corporate backed venture capital fund investing in multiple sectors
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Investor details for Digit

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Digit

Investments
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Investment portfolio details for Digit

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Digit

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Detailed financials for Digit

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Digit Comparisons

Digit Primary company
Description
Money is automatically saved for users by a mobile app.
Location
San Francisco, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Digit

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Digit

Digit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qapital, Tala, SaveUp, Finnt and Seashell, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Micro-savings enabled via automated transfers in a mobile app.
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Fintech services for credit, savings, and payments are delivered globally.
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Rewards are earned for personal savings and debt reduction efforts.
Locked Locked Locked
Decentralized platform for financial products
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Savings accounts for individuals are facilitated via a mobile app.
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Detailed competitors of Digit

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Digit

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Complete news archive for Digit

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Digit

Digit was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Digit is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Digit is a funded company, having raised a total of $64.05M across 5 funding rounds to date.

Digit was founded in 2013 in San Francisco, United States, within the fintech sector. A mobile app is operated that analyzes users income and spending patterns to determine savings amounts. Funds are transferred to a non-interest-bearing, FDIC-insured account, with withdrawals permitted at any time. The service is accessible via Android and iOS platforms for personal finance management.

Digit's top competitors include Tala, Qapital and SaveUp.

Digit has 11 investors. Key investors include Oportun, Ribbit Capital, General Catalyst, Google Ventures, and Freestyle VC.

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