About AkoubaCredit
AkoubaCredit is a company based in Chicago (United States) founded in 2014 was acquired by Velocity Solutions in June 2018. AkoubaCredit has raised $120 thousand across 1 funding round from investors including Velocity Solutions and Techstars. AkoubaCredit offers products and services including Akouba Platform, Akouba Micro, Invitation Checking System, and Account Revenue Solution. AkoubaCredit operates in a competitive market with competitors including Mirador, Trade Ledger, Upswot, Dancerace and Northteq, among others.
- Headquarter Chicago, United States
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Velocity Solutions
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$120 K (USD)
in 1 rounds
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Latest Funding Round
$120 K (USD), Seed
Jul 07, 2015
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Investors
Velocity Solutions
& 1 more
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Employee Count
Not available
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Acquired by
Velocity Solutions
(Jun 21, 2018)
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Products & Services of AkoubaCredit
AkoubaCredit offers a comprehensive portfolio of products and services, including Akouba Platform, Akouba Micro, Invitation Checking System, and Account Revenue Solution.
SaaS for streamlining business lending processes
Platform for quick and efficient business microloans
Tool for managing loan invitations and compliance
Solution for enhancing account revenue in lending
Funding Insights of AkoubaCredit
AkoubaCredit has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AkoubaCredit
AkoubaCredit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Velocity Solutions and Techstars.
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Startups are accelerated globally without sector restrictions through structured programs.
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Banking technology solutions are provided for acquisition, engagement, and liquidity.
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Investor details for AkoubaCredit
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Investments & Acquisitions by AkoubaCredit
Investment portfolio details for AkoubaCredit
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Financial Statements - AkoubaCredit
Detailed financials for AkoubaCredit
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Akoubacredit Comparisons
Peer comparison for AkoubaCredit
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Competitors of AkoubaCredit
AkoubaCredit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mirador, Trade Ledger, Upswot, Dancerace and Northteq, among others.
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Cloud-based omnichannel lending solutions are offered to banks and institutions.
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Loan origination solution for business loans
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White-label loan onboarding and monitoring platform is provided.
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Software for invoice and trade financing is provided by Dancerace.
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Loan origination solutions
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Detailed competitors of AkoubaCredit
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Latest news on Akoubacredit
Complete news archive for AkoubaCredit
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Frequently Asked Questions about AkoubaCredit
AkoubaCredit was founded in 2014 and raised its 1st funding round 1 year after it was founded.
AkoubaCredit is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
AkoubaCredit is a funded company, having raised a total of $120K across 1 funding round to date.
Akouba provides online loan origination platform for small business loans. The platform, configured to each lenders underwriting principles, allows small businesses to apply and track their application electronically, with results delivered within 48 hours. The financial institution retains control over the decision, the pricing, the credit policy, the loan dollars, and the customer experience. Lenders cCustomers get the omni-channel access to the application. Akouba is SOC 2 (Service Organization Control) compliant though the American Institute of Certified Public Accountants. It is capable to integrate with many different core systems including FIS, Fiserv, Jack Henry and DH.
AkoubaCredit's top competitors include Mirador, Trade Ledger and Upswot.
AkoubaCredit offers Akouba Platform, Akouba Micro, Invitation Checking System, and Account Revenue Solution.
AkoubaCredit has 2 investors. Key investors include Velocity Solutions, and Techstars.