Super.com is a saving app that provides its users with ways to build credit, save money, travel more, and earn cashback rewards. The company is trusted by over 7 million customers, helping them save over $150 million to date.
The Series C includes $60 million in equity investment and $25 million in a credit facility. Telstra Ventures, Acrew, Lion Capital, Hyphen Capital, EDC, and Plaza Ventures participated in the new funding round. Several notable individuals also participated, including NBA superstar Steph Curry, Ancestry.com CEO Deb Liu, and SubStack CEO Chris Best. The fresh funding will be used to product and engineering resources for the development of new features for SuperCash and the overall app. Super.com has raised over $100 million and surpassed $1 billion in sales around the world.
Super.com was officially founded under the name Snapcommerce by Hussein Fazal and Henry Shi in 2016. “Super.com’s diversified business model now drives savings across all facets of our customers’ lives, from travel to fintech. It’s great to see market excitement match our own as we rapidly build the first savings super app focused on everyday Americans,” said Super.com CEO Hussein Fazal.