Full-Time
Founders Associate
Updated on 8/1/2026
Bits
11-50 employees
Subscription-based credit-building service improving scores
No salary listed
San Francisco, CA, USA
In Person
 Accounting (1) |
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- Strong passion for startups and technology.
- Excellent problem-solving and analytical skills.
- Ability to work independently and take initiative.
- Strong communication and interpersonal skills.
- Highly organized and detail-oriented.
- Entrepreneurial mindset and willingness to take on new challenges.
- A bachelor's degree in a relevant field.
- Work closely with the CEO while building the new United States artificial intelligence product.
- Play a key role in shaping the company's vision and strategy.
- Work on projects spanning business development, fundraising, product management, and marketing.
- Experience in a startup or entrepreneurial environment is a plus.
Bits helps people build credit scores through a subscription-based fintech service. The platform connects with major credit bureaus (Experian, Equifax, TransUnion) to report positive credit activity, while avoiding interest, late fees, and hard credit checks. Users pay a monthly fee to access educational resources like a score simulator and a library of videos, which teach how credit works and how to improve scores. Bits also offers a Bits Credit Card and a Bits Store Card, though these products are not regulated like typical financial products and do not come with standard consumer protections. Revenue comes from subscription fees and potential affiliate partnerships. The business differentiates itself by providing a transparent, low-risk way to build credit with a focus on education rather than traditional lending terms. The goal is to make credit-building simple and accessible, helping users raise their credit scores without high costs or hidden fees.
Company Size
11-50
Company Stage
Seed
Total Funding
$260K
Headquarters
London, United Kingdom
Founded
2018
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See people who can refer or advise you
Simplify's Take
What believers are saying
- 300,000 users show strong demand among students, immigrants, young consumers.
- Mobile-first onboarding simplifies entry for traditional banking barriers.
- Timely payments boost scores within 2-3 months per user reviews.
What critics are saying
- FCA shuts unregulated Bits Store Card in 3-6 months over fraud risks.
- Credable, TomoCredit free cards erode 300k base in 12-18 months.
- CRAs delist Bits reporting Q1 2026 as artificial activity.
What makes Bits unique
- Bits reports subscription payments as credit repayments to Experian, Equifax, TransUnion.
- No interest, no late fees, no hard checks enable access for poor-credit users.
- App provides score simulator, videos for credit education.
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Benefits
Paid Vacation
Health Insurance
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 9%2 year growth
↑ 34%Title: "In the Fight Against Legalese, Startup Bits Raises R$1.8 Million in Round with Quintal and Levain Ventures" Content: Legaltech Bits raised R$1.8 million in a funding round led by Levain Ventures and Quintal Ventures, with additional support from Anjos do Brasil, Harvard Angels, and Insper Angels. The funds will enhance their AI-driven 'legal design' technology, simplifying legal language in documents. The investment includes financial capital and media exposure, with R$1.1 million from Levain and Quintal Ventures.