a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash

Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” […] © 2024 TechCrunch. All rights reserved. For personal use only.

Aug 13, 2024 - 01:35

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a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash

Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” […]