ATLANTA, Oct. 18, 2021 (GLOBE NEWSWIRE) – Atlantic Capital Bancshares, Inc., a publicly traded banking holding company, and Self Financial, Inc., a leading financial technology company based in Austin, TX, which allows consumers to create credits and savings, an expanded partnership announced today. Atlantic Capital to combine size, scale and expertise with Self’s innovative credit creation products to expand Self’s VisaÂ® secure credit card offer, access to credit for US consumers, especially underserved consumers who have not historically had easy access to credit. The launch of the card is an extension of the partnership between Self and Atlantic Capital starting in February 2019 with Self de Self’s credit loan product.
âWe have been extremely impressed with Self’s ability to develop, market and support bank-issued products that improve the financial well-being of consumers across the United States,â commented Doug Williams, President and CEO. management of Atlantic Capital Bank. âSelf has served well over a million consumers trying to build their credit, and on behalf of Atlantic Capital, we’re thrilled to partner to fuel this mission. ”
The credit card program was launched in September 2020 for some customers who have successfully used Self’s Credit Builder account, which offers low dollar loans combined with a deposit account to help consumers build credit. The card program allows credit account holders to use their certificate of deposit with the bank as a guarantee of a secure visaÂ® card that they can use for their daily expenses.
âAtlantic Capital’s continued support gives Self an increased ability to scale and meet consumer demand,â commented James Garvey, Founder and CEO of Self. “We are delighted to expand our relationship with Atlantic Capital, with the common goal of improving the financial well-being of more Americans.”
ABOUT BANQUE DE CAPITAL ATLANTIQUE
Atlantic Capital Bancshares, Inc. (ACBI), with assets of $ 3.8 billion, is a publicly traded banking holding company headquartered in Atlanta, Georgia. Atlantic Capital provides commercial and non-profit banking, specialty business financial services, private banking and commercial real estate finance solutions to private companies and individuals in the Atlanta area, as well as specialty financial services for some customers nationwide.
Self Financial strives to increase economic inclusion and financial resilience through products that allow people to accumulate credit while creating savings. With no credit check to begin with, Self’s signature credit creation products from its partner banks are designed to make credit and savings accessible, regardless of financial history. Download the Self app at Apple App Store (160k + reviews and an average rating of 4.9) or google play or visit Self.inc for more information.