VIVA Finance

Atlanta, United States Founded: 2019 • Age: 7 yrs
Online platform for salary-linked loans

About VIVA Finance

VIVA Finance is a company based in Atlanta (United States) founded in 2019 by Jack Markwalter and Hodges Markwalter.. VIVA Finance has raised $8.5 million across 2 funding rounds from investors including Acumen. The company has 21 employees as of December 31, 2024. VIVA Finance offers products and services including Personal Loans, Debt Consolidation Loan, Credit Card Refinancing, and Unexpected Expenses Loan. VIVA Finance operates in a competitive market with competitors including Purchasing Power, Kashable, HoneyBee, Pesachoice and Clockout, among others.

  • Headquarter Atlanta, United States
  • Employees 21 as on 31 Dec, 2024
  • Founders Jack Markwalter, Hodges Markwalter
  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Viva Finance Inc
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6.2 M (USD), Series A

    Aug 31, 2021

  • Investors
  • Employee Count
    21

    as on Dec 31, 2024

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Products & Services of VIVA Finance

VIVA Finance offers a comprehensive portfolio of products and services, including Personal Loans, Debt Consolidation Loan, Credit Card Refinancing, and Unexpected Expenses Loan. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Unsecured loans for various financial needs up to $10,000

Loan to consolidate high-interest debts into one payment

Refinancing option for high-interest credit card debt

Quick funding for emergency financial needs

People of VIVA Finance
Headcount 1-10
Employee Profiles 10
Employee Profiles
People
Jack Markwalter
CEO
People
Philip Markwalter
Business Analyst
People
Hodges Markwalter
COO
People
Alex Ketchum
VP, Engineering

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Funding Insights of VIVA Finance

VIVA Finance has successfully raised a total of $8.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.2 million completed in August 2021. 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $6.2M
  • First Round

    (08 Oct 2020)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2021 Amount Series A - VIVA Finance Valuation

investors

Oct, 2020 Amount Seed - VIVA Finance Valuation Acumen
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in VIVA Finance

VIVA Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Acumen. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by VIVA Finance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - VIVA Finance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Viva Finance Comparisons

Employees
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Competitors of VIVA Finance

VIVA Finance 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 Purchasing Power, Kashable, HoneyBee, Pesachoice and Clockout, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
E-commerce company that allows customers to finance purchases through payroll deduction.
domain founded_year HQ Location
Employee financing solutions are offered as voluntary employer benefits.
domain founded_year HQ Location
Online platform for earned wages
domain founded_year HQ Location
Online platform for payday loans
domain founded_year HQ Location
Earned wage access solutions are provided to financial institutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Viva Finance

Frequently Asked Questions about VIVA Finance

When was VIVA Finance founded?

VIVA Finance was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is VIVA Finance located?

VIVA Finance is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Who is the current CEO of VIVA Finance?

Jack Markwalter is the current CEO of VIVA Finance. They have also founded this company.

Is VIVA Finance a funded company?

VIVA Finance is a funded company, having raised a total of $8.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Oct 08, 2020.

How many employees does VIVA Finance have?

As of Dec 31, 2024, the latest employee count at VIVA Finance is 21.

What does VIVA Finance do?

VIVA Finance was established in 2019 in Atlanta, United States, as an online platform in the fintech sector. Loans are underwritten using employment data rather than credit scores, with repayments handled through automatic payroll deductions. A financial wellness dashboard is offered to support employee education. Operations focus on accessible lending for employed individuals across the region.

Who are the top competitors of VIVA Finance?

VIVA Finance's top competitors include Kashable, Purchasing Power and HoneyBee.

What products or services does VIVA Finance offer?

VIVA Finance offers Personal Loans, Debt Consolidation Loan, Credit Card Refinancing, and Unexpected Expenses Loan.

Who are VIVA Finance's investors?

VIVA Finance has 1 investor. Key investors include Acumen.

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