PremierCredit  logo — We are banking the unbanked; providing access to affordable...

PremierCredit

We are banking the unbanked; providing access to affordable financial services to disadvantaged income groups.

Founded 2019 Zambia Zambia 82 employees Non Equity Assistance Total: $650.00K Financial Services, Lending and Investments

General Information

Company Name PremierCredit
Founded Year 2019
Location Zambia Zambia +3
Employees 82
Industries Financial Services, Lending and Investments
Funding Stage Non Equity Assistance
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About PremierCredit

PremierCredit is an international financial technology company that operates an online microlending and investment platform in emerging markets in Sub Saharan Africa. Currently present in Zambia and Zimbabwe, with plans for expansion, the company is headquartered in Mauritius, serving as a business and cross-border investment hub for Africa. Licensed and regulated by the Financial Services Commission (FSC), PremierCredit aims to provide inclusive financial services across the whole of Africa. The company's vision is to build a challenger bank for MSMEs in Africa, creating a banking model for the future that will bank the unbanked and provide simple access to financial services for individuals earning less than $10 a day. Their mission is centered around providing simple, affordable financial solutions through customer-centric products, accessibility to finance even in remote areas, and corporate social responsibility initiatives. PremierCredit's core values revolve around customer-centricity, responsible lending, ethical practices, transparent communication, and employee satisfaction. They prioritize building partnerships to improve products and services, recognizing the pivotal role of their employees in ensuring customer satisfaction. What sets PremierCredit apart is their ability to connect investors to borrowers, providing affordable financing options and investment opportunities with high returns. Additionally, they offer mobile financial services and aim to reach remote areas through strategic partnerships. Their most recent investment was a Non-Equity Assistance investment on February 14, 2024, with Visa Accelerator as the investor. As a startup focused on inclusive financial services in emerging markets, PremierCredit presents a compelling opportunity for investment.

Taxonomy: microfinance, online lending, investment platform, emerging markets, financial inclusion, transparent communication, ethical practices, partnerships, mobile financial services, challenger bank, MSMEs, Africa

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance •••••• 1 •••• •••• 14 Feb 2024
Seed Round •••••• 1
Investor
20 Dec 2020

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FAQ About PremierCredit

We are banking the unbanked; providing access to affordable financial services to disadvantaged income groups.
PremierCredit was founded in 2019.
PremierCredit is headquartered in Zambia.
PremierCredit operates in the following industries: Financial Services, Lending and Investments.
PremierCredit has approximately 82 employees.
PremierCredit has completed 2 funding rounds, raising a total of $650.00K. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to PremierCredit include umati capital, LendoAfrica, Pivo, Capital Guardians, JUMO. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PremierCredit and umati capital 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.

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