Creditable
wealthtech-retail . personal finance management . artificial intelligence / machine learning . b2b fintech . expense management
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About
Creditable provides software for employers to extend credit to their employees or monitor their credit health. It helps their employees to apply for loans against their wage or request a deduction in their wages as a savings plan.
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)
People
FOUNDERS
Sechaba Ngwenya
NUMBER OF EMPLOYEES
1-10
INVESTORS:
Startupbootcamp FinTech London
KEY EMPLOYEES:
Neo Motlhabane(Director)
Momentum
FUNDED
YES
TOTAL FUNDING
$20.29 K
DATE OF LAST FUNDING
2014
SEED & PRIOR FUNDING
$20.29 K
SEED CLOSED ON
Jul 2014
LISTED
NO
Innovation Programs
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STATUS:
FOUNDING YEAR:
LOCATION:
Views:
$20.3 K
About
Creditable provides software for employers to extend credit to their employees or monitor their credit health. It helps their employees to apply for loans against their wage or request a deduction in their wages as a savings plan.
Creditable
About
Momentum
FUNDED
NO
LISTED
NO
Other