About

Creditable is a cloud based financial tool that enables caring employers to offer financial wellness products to their employees. A third of an employees life is spent with an employer. When our personal financial well being is compromised, the company we work for also loses. Our services include savings and loan products. Creditable is the first truly SaaS pay-as-you-use tool and it is the only product that uses bank data aggregation to assess credit risk and affordability. In addition, we offer a personal financial management tool along with loans and savings products. Employers and employees alike gain from Creditable's fair, professional & transparent loaning. Learn more about us here: https://www.youtube.com/watch?v=Gg4_Sjz7jv8

Focus

PRODUCTS & SERVICES

Creditable is a developer of cloud based financial application which is designed to fit into existing payroll processes for making salary deductions. It helps the credit unions, lenders, businesses and individuals to give loans to their customers, employees, suppliers and family professionally instantly and also enables employees to improve overall savings and spending habits.

REVENUE MODEL

Has different price plans for different business. For start ups -$149/mo + $2.50 per loan/saving per month, National -$499/mo+ $2.50 per loan/saving per month, International -$1500/mo + $2.50 per loan/saving per month

MAIN CLIENTS

Retail consumers and lenders

COMMENT

The company's aims to make credit more affordable, accessible, transparent and inclusive, and to re-imagine and re-engineer societal behaviour around credit. (Jul. 2014)