Creditable

Wealthtech (Retail) | Personal Finance Management | Artificial Intelligence / Machine Learning | B2B FinTech | Expense Management

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76 VISITORS | 149 VIEWS

FOUNDING YEAR: 2014

LOCATION:

Hong Kong

REGION:

Last Update:
27 Jun, 2019

Description

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:

Viewable by subscribers only

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

KEY EMPLOYEES:

Neo Motlhabane(Director)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:

YES

TOTAL FUNDING:

$20.25 K

DATE OF LAST FUNDING:

Jul 2014

SEED & PRIOR FUNDING: