BankingBusiness

TomoCredit: Introduces Fico-free credit card

  • TomoCredit, Inc., a new startup offering access to credit for millions without credit histories
  • Announced the launch of the TomoCredit Mastercard, a high limit offering that does not require FICO or soft or hard inquiries to apply
  • TomoCredit leveraging open banking through Finicity, a Mastercard company
  • With no fees and 0% APR, the TomoCredit credit card, for which Mastercard is the exclusive card network
  • The TomoCredit card and its corresponding mobile app and website offers an autopay feature
  • TomoCredit’s mission to build an “open credit” environment and help millions of underserved individuals and families
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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