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Crediation Ltd logo — Financial innovation across Africa

Crediation Ltd

Financial innovation across Africa

Founded 2018 Kenya Nairobi, Kenya 9 employees Venture round Finance, Financial Services +1

General Information

Company Name Crediation Ltd
Founded Year 2018
Location Kenya Nairobi, Kenya
Employees 9
Industries Finance, Financial Services, Marketing
Funding Stage Venture round
Social

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About Crediation Ltd

Crediation Ltd is a financial technology startup based in Kenya, founded in 2016, with a mission to drive financial innovation across Africa. The company aims to provide small and medium-sized business owners with seamless access to financial services through its flagship product, CrediStock. This stock financing facility offers convenient, affordable, and sustainable loans to support businesses in restocking their inventory. The company's headquarters is in Nairobi, but it has expansion plans to reach businesses across the country. In June 2020, Crediation successfully secured a Venture Round investment from a group of investors including SBI Investment, X Capital, Hajime Shimazu, Taki Toshio, Shimada Tatsuro, Sei Koide, and Hitoshi Koide. The startup believes in leveraging the power of credit to fix the African supply chain and is focused on addressing the critical issue of working capital access for businesses. Crediation's commitment to driving financial inclusion through digital lending aligns with the growing demand for innovative financial solutions in Africa. With an emphasis on empowering businesses and fostering economic growth, Crediation is poised to make a significant impact in the region's finance and marketing industries.

Business keywords: digital finance provider, mobile lending, small and medium-sized businesses, stock financing facility, working capital, Nairobi, expansion, supply chain finance, credit, Africa, financial inclusion, digital lending platform, working capital loans

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 7
SBI Investment X Capital
SBI Investment, X Capital +5
25 Jun 2020

Crediation Ltd Alternatives & Competitors

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FAQ About Crediation Ltd

Financial innovation across Africa
Crediation Ltd was founded in 2018.
Crediation Ltd is headquartered in Nairobi, Kenya.
Crediation Ltd operates in Finance, Financial Services and Marketing. Its work centres on digital finance provider, mobile lending, small and medium-sized businesses and stock financing facility.
Crediation Ltd has approximately 9 employees.
Crediation Ltd has completed 1 funding round. The latest funding stage is Venture round.
Top alternatives and competitors to Crediation Ltd include Krea, Camel Financial, Inc., Faktoro, Kuunda, Payroll Funding Company. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Crediation Ltd and Krea are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Crediation Ltd, https://bouncewatch.com/company/crediation-ltd, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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