About Covered Credit
Covered Credit is a company based in Dallas (United States) founded in 2018. It operates as a D2C. Covered Credit offers products and services including Flexible Line of Credit. Covered Credit operates in a competitive market with competitors including Mercury Cards, Alliance Partners, First Progress, Elastic and Financing Solution, among others.
- Headquarter Dallas, United States
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website coveredcredit.com
- Legal Name Covered Holdings, Inc
Products & Services of Covered Credit
Covered Credit offers a comprehensive portfolio of products and services, including Flexible Line of Credit.
Offers up to $2500 credit with instant funding and flexible repayments.
Competitors of Covered Credit
Covered Credit 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 Mercury Cards, Alliance Partners, First Progress, Elastic and Financing Solution, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mercurycards.com | 2016 | Philadelphia, United States | – | 7 | Provides credit card solutions tailored for individual consumers. | |
| alliancepartners.com | 2010 | Chevy Chase, United States | $86.02M | – | Loan origination services are provided to financial institutions and lenders. | |
| firstprogress.com | 2001 | North Wales, United States | $9.6M | 8 | Secured credit cards are offered for building credit histories. | |
| elastic.com | 2001 | Arlington, United States | – | 1,442 | Unsecured lines of credit are offered for consumer emergency needs. | |
| financingsolutionsnow.com | 2000 | Ridgewood, United States | – | – | Provides unsecured lines of credit to small businesses, nonprofits, and churches for cash flow. | |
| eosloan.com | 2020 | Spring, United States | – | – | Capital providers are connected to contractors through a credit marketplace. | |
| onelinecredit.com | 2019 | United States | – | – | Operates a digital marketplace for personal credit lines. |
Detailed competitors of Covered Credit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Covered Credit
10 companies that operate in the same segment as Covered Credit (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Covered Credit
Covered Credit was founded in 2018.
Covered Credit is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Covered Credit is a financial service that provides a flexible line of credit up to 2500, allowing users to access funds instantly via online applications. It features customizable repayment schedules and affordable rates, including 29.9 APR and no annual fees. The service uses automated bank data access for approvals and serves individual consumers needing quick cash. Based in Dallas, Texas, it operates in select U.S. states with a focus on responsible lending practices.
Covered Credit's top competitors include Elastic, Alliance Partners and First Progress.
Covered Credit offers Flexible Line of Credit.
Covered Credit operates through Covered Holdings, Inc.