Glance was founded by a group of fintech entrepreneurs who were fed up with the lending experience. They saw a large group of people who were marginalized by banks and their rigid lending criteria.
Some had low credit or no credit, others worked multiple part-time jobs but still could not get a bank loan. The only other choice for these people were brutally high interest rates from payday lenders, often never catching up to selling their future earnings and falling further behind.
We focused on building a solution to look beyond people’s credit score and to evaluate risk based on their unique and individual characteristics. As a result, we can offer loans with much better terms and rates that will help our customers improve their lives.
Banking built for borrowers. Traditional brick and mortar banks somehow have forgotten the core principle of being a bank: to lend money to their customers. We believe banking should be laser-focused on their customers and support their borrowing needs as they grow their lives and careers over time. We want to be there every step of the way with our customers, as they borrow money to pay for education through a mortgage for their first home.
Glance is a financial technology company founded on the premise that basic banking services should be helpful, easy and free. We want to profit with our members, not from them. That’s why our model doesn’t rely on overdraft fees, monthly service fees, service fees, minimum balance requirements, and more.