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Tally helps people manage and pay off credit card debt by offering a mobile app that automates debt payments and tracking across multiple cards. The core product is a custom, low-interest line of credit funded by Tally, which users can draw from to pay off their existing credit cards. The app handles payment scheduling, minimizes late fees, and can lower overall costs by leveraging a cheaper credit line and optimizing repayment timing. This makes it easier for individuals—especially those with multiple cards and varying APRs and due dates—to payoff debt from one place without manually juggling due dates. Unlike typical budgeting apps, Tally combines debt management with a line of credit and an automated payoff strategy to reduce interest and fees. The company’s goal is to help users pay off credit card debt faster and at a lower cost, potentially saving thousands of dollars over several years.
Industries
Consumer Software
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series D
Total Funding
$172M
Headquarters
San Francisco, California
Founded
2015
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Total Funding
$172M
Meets
Industry Average
Funded Over
5 Rounds
Industry standards
Unlimited flexible PTO
12 paid holidays; equity grants
Medical, dental, vision & prescription insurance
Company paid short & long term disability insurance
Life and AD&D insurance
Wellness programs
Pre-tax savings accounts for commuter benefits
HSA & FSA
Paid parental leave
401(k) retirement savings plan
Phone/internet reimbursement
Co-working stipend
Home office set-up allowance
Discount programs
"Lulu Hypermarket" Launches "shop Now, Pay Later" Service. April 5, 2026 Kuwait's Lulu Hypermarket Company, one of the leading retail destinations in Kuwait offering a wide range of products, announced a partnership with Tally, Kuwait's provider of "Buy Now, Pay Later" services. This partnership aims to provide flexible and convenient payment solutions for Lulu Hypermarket customers, as part of its ongoing efforts to enhance and elevate the customer experience through innovative services centered around meeting their needs. Through this partnership, customers will be able to benefit from Tally's payment solutions when shopping within selected product categories, where the invoice amount is divided into four equal installments with 0% profit. This service is designed to provide greater financial flexibility and easier access to Lulu's services while maintaining a seamless and transparent shopping experience across in-store and digital sales channels. In this context, Srijith Kulanthara K.S. stated: At Lulu Hypermarket, our customers remain at the heart of everything we do, and our partnership with Tally allows us to offer a higher level of flexibility and convenience to our customers in both shopping and payment processes. We believe this solution will enable shoppers to enjoy greater financial comfort while maintaining the quality and value they expect from us. On this occasion, Sulaiman Al-Jasser, CEO of Operations and Co-Founder of Tally, stated: We are proud to launch our first collaboration with a hypermarket sector partner in Kuwait through this partnership. This achievement is an important milestone reflecting Tally's ongoing commitment to expanding its presence across key retail sectors and bringing flexible payment solutions closer to customers' daily needs. He added: We began launching our services in the electronics sector and look forward to expanding our offerings to include additional categories, including groceries, in the near future. Our goal is to continue expanding our partnerships and enabling more customers to access convenient, transparent, and interest-free payment options for their daily purchases. This partnership aligns with Tally's broader strategy of collaborating with major merchants and retailers, allowing customers to shop with greater flexibility while supporting merchants in enhancing customer experience and achieving growth.
LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies LTD (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced that they partnered together to acquire the intellectual property behind Tally Technologies, Inc. ("Tally"). Tally's innovative technology simplified credit card management, helping users optimize payments, reduce interest, and improve credit health. Tally's consumer solution allowed users to link credit cards, automate card payments, and adopt strategies to lower interest costs and avoid late fees. The company also created an embedded, white-label business-to-business credit card debt management platform leveraging the same functionality. LendingClub uses proprietary technology and data to provide consumers with compelling solutions to reduce the cost of their debt and pay it off more quickly. This transaction will accelerate the evolution
LendingClub and Pagaya have acquired Tally Technologies' credit management tech. LendingClub will use Tally's solutions to enhance its member engagement platform for its 5 million members, while Pagaya will integrate Tally's B2B credit management solution into its offerings for over 30 lending partners. This strategic deal aims to provide better tools for managing credit card debt amid high interest rates.
Innovation is no good to the businesses that fail to embrace it. But as advanced technologies to streamline payments and financial data management reshape competition in commercial payments, the transformation of business-to-business (B2B) payments is taking center stage this month as PYMNTS, together with industry experts, dissect the technologies, strategies and collaborations that are reimagining what commercial payments could be. The first week of the Outlook 2030 event centers on how platform and network models are impacting business payments. Week Two covers interoperability and data standards, while Week Three lands on closed vs. open networks. We end the month with the lifeblood of any company: cash flow
LendingClub & Pagaya acquire assets of Tally Technologies.
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Industries
Consumer Software
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series D
Total Funding
$172M
Headquarters
San Francisco, California
Founded
2015
Find jobs on Simplify and start your career today