Creditable

wealthtech (retail)personal finance managementartificial intelligence / machine learningb2b fintechexpense management

FOUNDING YEAR: 2010
LOCATION: United Kingdom
Last Update: 24/01/2020

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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

KEY EMPLOYEES:

Neo Motlhabane(Director)

Momentum

FUNDED

YES

TOTAL FUNDING

$20.28 K

DATE OF LAST FUNDING

Sep 2016

SEED & PRIOR FUNDING

$20.28 K

SEED CLOSED ON

Sep 2016

LISTED

NO

Innovation Programs

BASICS

FOUNDING YEAR:

2010

LOCATION:

United Kingdom

Views:

110 VISITORS | 317 VIEWS
LATEST FUNDING ROUND

$20.3 K

TOTAL EMPLOYEES
1-10

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.

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