Altro

Altro was a fintech platform designed to empower individuals, particularly women and people of color, to establish and improve their credit profiles. Recognizing that a significant portion of the US population—approximately 68 million people—face credit denial due to historical biases and limited access to traditional credit-building tools, Altro aimed to bridge this gap. The platform offered a mobile application that enabled users to leverage their existing subscription payments, such as Netflix, Hulu, and HelloFresh, to build credit. Altro provided a $75 line of credit specifically designated for covering these subscription costs. By securely utilizing this credit line for recurring expenses, users could demonstrate responsible financial behavior and gradually improve their credit scores. Altro's mission extended beyond credit building, with the goal of facilitating access to essential financial products like personal loans, emergency funds, and mortgages for individuals previously excluded from the financial system.