Crosslink Capital, Inc. (“Crosslink”) was recently informed that someone or an organization has been impersonating it and one or more of its employees on the mobile application WhatsApp.
Crosslink does not market its services and Crosslink and its employees do not provide investment advice through WhatsApp or any similar social media messaging application, and anyone who does so purporting to act in Crosslink’s name or the name of any of its employees is not in any way connected to Crosslink or Crosslink Capital Management, LLC. Crosslink employees provide investment advice only through Crosslink. Crosslink provides investment advice only to investment funds or clients, in each case, with whom it has entered into a written contract. Crosslink does not provide investment or other advice to non-clients.
You can look up investment advisers and their registered persons at: https://adviserinfo.sec.gov/
For more information investing generally, please see: https://www.investor.gov/
October 11, 2022
Arro is transforming the credit industry by offering consumers access to low-interest credit, regardless of background, with the ability to grow their credit responsibly as they learn, save, budget, and set goals.
LOS ANGELES, Oct. 11, 2022 /PRNewswire/ — Los Angeles-based fintech company Arro (www.arrofinance.com) announced today the closing of $10M in Seed funding led by Crosslink Capital with participation from Bling Capital, BAM Ventures, Global Founders Capital and WTI, among others. These investors have previously backed companies such as Chime, Facebook, Honey, and NerdWallet.
Arro is a credit platform that empowers U.S. consumers to grow their credit through financial literacy training and behavioral science incentives. Arro aims to approve nearly any U.S. consumer for its low interest credit card, regardless of credit history, based on income and other alternative data.
By using a proprietary underwriting model instead of relying on credit scores, Arro is disrupting the traditional FICO system and providing fair access to consumers who otherwise wouldn’t qualify. Arro’s customer-first approach and partnership with Equifax has resulted in a special designation to not require a hard credit inquiry, meaning that applying for an Arro Card has no impact on someone’s credit score. Read rest here.