San Francisco-based fintech company Tally, which specialized in helping consumers manage and pay off credit card debt, has ceased operations after running out of funds. Founded nine years ago, Tally had raised $172 million in funding, with significant backing from prominent venture capital firm Andreessen Horowitz (a16z). The company was last valued at $855 million according to PitchBook. Tally's business model involved consolidating high-interest credit card debt into lower-interest loans, offering a more manageable repayment solution for users. Despite its innovative approach and substantial funding, Tally faced financial difficulties and customer complaints, leading to its shutdown.