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Credpal

company

About

Credpal is a tech company that allows consumers to buy anything across various online and offline merchants and pay for it in installments.

  • 11 - 50

Highlights

Total Funding Amount
$15.10M
Funding Rounds
2
Investors
2

Details

Last Funding Type
Non-Equity Assistant
Last Funding Money Raised
$100K
Industries
E-Commerce,Financial Services,FinTech,Payments
Founded date
Jan 1, 2018
Number Of Employee
11 - 50
Operating Status
Active

Credpal is an innovative solution that allows businesses and individuals to buy anything and pay for it in installments across online and offline merchants by providing them with access to credit at the point of checkout. It provides a platform that offers transparency in services facilitating users to set up their accounts and choose their payment plan to minimize risk and connect to multiple financial institutions that provide credit for customers.

Credpal was launched in 2018 by Fehintolu Olaogun and Olorunfemi Jegede and is headquartered in Lagos, Nigeria.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$15.10M
Credpal has raised a total of $15.10M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2022 Series Unknown $15M 1 — — Detail
Oct 12, 2021 Non-Equity Assistant $100K 1 Google for Startups — Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Credpal is funded by 2 investors. Google for Startups and First circle capital are the most recent investors.
Investor Name Lead Investor Funding Round
Google for Startups Yes Non-Equity Assistant
First circle capital — Series Unknown
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