Friday, January 10, 2020

Grow Credit Signs Up Trash Butler For Fintech Services

Santa Monica-based fintech startup Grow Credit said this week that it has signed up Trash Butler, a "trash valet" company which takes out the trash for apartment, student housing, and condo dwellers, and will help Trash Butler's workforce and clientele establish and build their credit. Grow Credit says it is helping consumers establish or build credit through a virtual Mastercard, which lets users exclusively processing payments from subscription companies such as Disney Plus, Netflix or Spotify. Financial details of the deal between the two companies were not announced. According to Grow Credit, Trash Butler's workforce and client base include Gen Z and Millennials, a group that is often denied access to affordable credit products due to a lack of credit history. Grow Credit is ledby founder and CEO Joe Bayen.