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Insights

Data-Driven Finance Solution Snap Finance leverages advanced data analytics and machine learning to offer innovative lease-to-own and loan solutions. Sales representatives can highlight the company's proprietary decisioning platform, appealing to consumers of all credit types seeking flexible financing options.

Subprime Lending Expansion The recent partnership between Snap Finance and ChargeAfter Inc. signals an expansion in subprime lending options. Sales professionals can target markets where there is a demand for accessible financial solutions for consumers with less-than-perfect credit scores.

Addressing Data Security Concerns Though past data breaches have affected Snap Finance, the company’s $1.8 million settlement and efforts to address cybersecurity issues present an opportunity for sales representatives to emphasize enhanced data protection measures. Assurance of data security can be a pivotal selling point in building trust with potential clients.

Compliance and Fair Practices Snap Finance has faced legal issues related to debt collection and rent-to-own practices. Sales development representatives can position the company's commitment to compliance and fair lending practices as a competitive advantage, resonating with clients prioritizing ethical financial services partners.

Competitive Market Positioning In a landscape with similar companies like CareCredit, Klarna, and Affirm, sales professionals can illustrate Snap Finance's unique value proposition, such as the '100-Day Cash Payoffs.' Highlighting differentiation can help the company stand out and capture market share in the competitive financial services space.

Similar companies to Snap Finance

Snap Finance Tech Stack

Snap Finance uses 8 technology products and services including Linkedin Ads, Linkedin Insight Tag, Canva, and more. Explore Snap Finance's tech stack below.

  • Linkedin Ads
    Advertising
  • Linkedin Insight Tag
    Analytics
  • Canva
    Audio, Video, Graphics
  • GitHub
    Communication And Collaboration
  • Mastercard
    Payment Processing
  • Java
    Programming Languages
  • Wrike
    Team Collaboration
  • Facebook
    Widgets

Media & News

Snap Finance's Email Address Formats

Snap Finance uses at least 1 format(s):
Snap Finance Email FormatsExamplePercentage
FLast@snapfinance.comJDoe@snapfinance.com
95%
F.Last@snapfinance.comJ.Doe@snapfinance.com
2%
FirstLast@snapfinance.comJohnDoe@snapfinance.com
2%
First.Last@snapfinance.comJohn.Doe@snapfinance.com
1%

Frequently Asked Questions

Where is Snap Finance's headquarters located?

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Snap Finance's main headquarters is located at PO Box 26561 Salt Lake City, UT 84126 US. The company has employees across 6 continents, including North AmericaEuropeAsia.

What is Snap Finance's phone number?

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You can contact Snap Finance's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is Snap Finance's official website and social media links?

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Snap Finance's official website is snapfinance.com and has social profiles on LinkedIn.

How much revenue does Snap Finance generate?

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As of September 2024, Snap Finance's annual revenue reached $750M.

What is Snap Finance's SIC code NAICS code?

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Snap Finance's SIC code is 7389 - Business Services, Not Elsewhere Classified NAICS code is 52 - Finance and Insurance.

How many employees does Snap Finance have currently?

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As of September 2024, Snap Finance has approximately 1.7K employees across 6 continents, including North AmericaEuropeAsia. Key team members include Chief Sales Officer (cso): S. S.Chief People Officer: R. B.Chief Revenue Officer (cro): J. C.. Explore Snap Finance's employee directory with LeadIQ.

What industry does Snap Finance belong to?

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Snap Finance operates in the Financial Services industry.

What technology does Snap Finance use?

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Snap Finance's tech stack includes Linkedin AdsLinkedin Insight TagCanvaGitHubMastercardJavaWrikeFacebook.

What is Snap Finance's email format?

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Snap Finance's email format typically follows the pattern of . Find more Snap Finance email formats with LeadIQ.

How much funding has Snap Finance raised to date?

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As of September 2024, Snap Finance has raised $21M in funding. The last funding round occurred on Sep 03, 2022 for $21M.

When was Snap Finance founded?

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Snap Finance was founded in 2012.
Snap Finance

Snap Finance

Financial ServicesUtah, United States1001-5000 Employees

Snap Finance harnesses the power of data to empower consumers of all credit types to get what they need. Launched in 2012, Snap’s technology brings together more than a decade of data, machine learning, and nontraditional risk variables to create a proprietary decisioning platform that looks at each customer through a more holistic, human lens. Snap’s flexible lease-to-own and loan solutions are changing the face and pace of consumer retail finance.

Section iconCompany Overview

Headquarters
PO Box 26561 Salt Lake City, UT 84126 US
Phone number
SIC Code
7389 - Business Services, Not Elsewhere Classified
NAICS Code
52 - Finance and Insurance
Founded
2012
Employees
1001-5000

Section iconFunding & Financials

  • $21M

    Snap Finance has raised a total of $21M of funding over 4 rounds. Their latest funding round was raised on Sep 03, 2022 in the amount of $21M.

  • $100M$1B

    Snap Finance's revenue is in the range of $100M$1B

Section iconFunding & Financials

  • $21M

    Snap Finance has raised a total of $21M of funding over 4 rounds. Their latest funding round was raised on Sep 03, 2022 in the amount of $21M.

  • $100M$1B

    Snap Finance's revenue is in the range of $100M$1B

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