Tally

Tally

Automated credit card debt payoff platform

Overview

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.

About Tally

Simplify's Rating
Why Tally is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

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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Simplify's Take

What believers are saying

  • Lulu Hypermarket partnership on April 5, 2026, boosts Tally's retail penetration.
  • Persistent debt consolidation demand sustains BNPL market growth amid high rates.
  • First hypermarket collaboration positions Tally for rapid merchant network expansion.

What critics are saying

  • LendingClub integrates Tally's IP for 5 million members, commoditizing core tech.
  • Affirm and Klarna dominate BNPL, compressing Tally's margins in 12 months.
  • GCC regulators tighten BNPL oversight, forcing Tally Kuwait exit in 18 months.

What makes Tally unique

  • Tally Kuwait offers 0% interest BNPL in four installments via Lulu Hypermarket partnership.
  • Tally automates credit card payments using low-interest line of credit for debt payoff.
  • Tally targets hypermarket groceries expansion beyond electronics in Kuwait retail.

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Funding

Total Funding

$172M

Meets

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$80M
Tally
$100M
Affirm

Benefits

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

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-19%

2 year growth

-14%
جريدة الأنباء الكويتية
Apr 4th, 2026
"Lulu Hypermarket" Launches "shop Now, Pay Later" Service.

"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
Nov 11th, 2024
LendingClub & Pagaya Acquire Assets of Tally Technologies

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

Stock Titan
Nov 7th, 2024
LendingClub, Pagaya Acquire Tally's Tech

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.

PYMNTS
Oct 10th, 2024
Unlocking Innovation Beyond Payments Tops Week In B2B

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

Stock Titan
Oct 9th, 2024
LendingClub & Pagaya Acquire Assets of Tally Technologies

LendingClub & Pagaya acquire assets of Tally Technologies.

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