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)