Super.com, a savings app targeting lower-income consumers, closed a $65M Series D funding round led by TPG. The company claims profitability as it scales its financial services platform.
The fintech startup, founded by Hussein Fazal, provides savings tools designed for underserved consumers. TPG's investment values the company at $1.2 billion, marking significant growth for the bootstrapped firm.
Super.com's profitability claim sets it apart in a crowded fintech landscape where many unicorns burn cash pursuing growth. The company has built its service around financial accessibility, targeting demographics often excluded from traditional banking solutions.
The Series D funding will support expansion and product development. TPG's backing signals confidence in Super.com's business model and market opportunity among lower-income savers seeking alternatives to predatory lending and high-fee financial services.
The round reflects continued investor appetite for fintech solutions addressing financial inclusion, despite broader tech funding headwinds in recent years.
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