TomoCredit builds an AI-powered credit card platform designed to make credit accessible to everyone, particularly those without credit history or a credit score. The company uses machine learning for credit underwriting and loan decisioning, replacing traditional credit checks with a more inclusive approach that doesn't discriminate based on race, status, or age. Headquartered in San Francisco, TomoCredit was founded to address the systemic barriers faced by immigrants and underserved communities in accessing financial services.
The company's mission is to replace the outdated credit system and open access to banking for millions of Americans who are excluded by traditional financial institutions. With a team composed of 90% immigrants and people of color, TomoCredit has helped over 3 million people gain access to credit without fees or interest rates. Beyond credit cards, the company offers TomoBoost, an AI financial advisor designed to help users spend smarter, save consistently, and protect their financial future through real-time data and intelligent automation.