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CredPal

Sector: Financial Services
Country: Nigeria
Founders: Mofehintolu Olaogun, Olorunfemi Jegede
Funding: $85,000
Founded: 2017
Investors: Rev Tech Labs, Visa

Details

Financial access and the underlying financial infrastructure is taken for granted in rich countries, such as savings accounts, debit cards or credit as well as the payment systems on which they operate, still aren’t available to many people in developing countries.CredPal is a technology company that allows consumers to buy anything across online and offline merchants and pay for it in instalments. The startup's platform gives consumers instant access to consumer credit for offline/online purchases. Last year, they were a part of a VilCap program as well as signed partnerships with Visa, Konga, Pointek and Zenith Bank.