Stilt is a mission-driven fintech company focused on providing credit to immigrants and the underserved.

Stilt builds products to improve financial inclusion and democratize access to the credit.

Stilt was founded in 2016 by Rohit Mittal and Priyank Singh. The company is headquartered in San Francisco, California.

Stilt uses proprietary technology that scores applicants without credit reports by analyzing a wide range of financial and non-financial data to create risk models. This includes data sets from universities, half a million employers and millions of job positions, plus data from credit bureaus and banks, in addition to the type of visa an applicant has.

Stilt announced the general launch of Onbo, a credit as-a-service offering that allows any business to build and offer a credit product, without needing a bank sponsor in the background. Onbo leverages Stilt’s state lending licenses and compliance framework so companies can focus on developing their own product.

Stilt can also help companies develop their own credit offerings while it manages “all the complexity of origination, payments and credit reporting” for them. It also can provide them with debt capital of up to $1 million.

Stilt is backed by SVB, Link Ventures, Hillsven Capital, Streamlined Ventures, Petrushka Investments, Gokul Rajaram, and others. The company raised $14M in Series A and a $100M in Debt financing on Mar 10, 2022. This brings Stilt's total funding to $337.5M to date.