- Headquarters
- Lagos
- Employees
- 11–50
- Founded
- 2018
- Business Model
- B2C
- Website
- credpal.com
- Total Funding
- $16.5M
- Last Round
- $15.0M AngelJun 2022
- Rounds
- 5
About
CredPal is a Nigerian consumer fintech platform offering buy now pay later (BNPL) financing, allowing customers to purchase electronics, appliances, furniture, fashion, and other goods and split payments into four interest-free installments. The platform also provides dollar and naira virtual cards, bill payments, and credit-building services through its mobile app. CredPal partners with e-commerce platforms like Jumia and works directly with merchants to offer embedded checkout financing across Nigeria.
Summary
CredPal is a Fintech company based in Lagos, Nigeria, founded in 2018. It has raised $16.5M in total across 5 rounds, most recently a $15.0M Angel round in Jun 2022. Investors include Uncovered Fund, First Circle and Y Combinator Continuity Fund.
Tech & App Stack
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Funding History
Jun 2022
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Investors
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