Credible Labs


Credible Labs Inc. is an online loan origination marketplace and financial technology company headquartered in San Francisco. It offers users the ability to compare and refinance loans. The company is a subsidiary of Fox Corporation.

History

The company was founded in 2012 by Stephen Dash. Credible originally began as a platform for refinancing student loans. It has since expanded its loan offerings to direct origination of student loans, credit cards, personal loans and mortgages.
In December 2017, Credible Labs became a public company via an initial public offering on the Australian Securities Exchange, raising US$50 million in what was the largest technology IPO of 2017. The ASX was chosen due to early investors being located predominantly in Australia and Asia, and scarcity of similar exposure to other financial technology companies.
In April 2019, Credible Labs signed a trial mortgage partnership with Realtor.com, the second largest digital real estate platform in the United States.
In October 2019, the company was acquired by Fox Corporation for AU$585 million.