About CreDec
CreDec is a company based in London (United Kingdom) founded in 1996 by Alex Meynell. It operates as a B2B. The company has 10 employees as of June 30, 2022. CreDec offers products and services including Payment Platform and Real-time Payment Solution. CreDec operates in a competitive market with competitors including AccessPay, Alpha Group, Sweep, HELPFUL and Paycast, among others.
- Headquarter London, United Kingdom
- Employees 10 as on 30 Jun, 2022
- Founders Alex Meynell
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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- Legal Name Ardohr Limited
- Date of Incorporation 08 Feb, 1996
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
10
as on Jun 30, 2022
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Products & Services of CreDec
CreDec offers a comprehensive portfolio of products and services, including Payment Platform and Real-time Payment Solution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure platform for real-time business payments and integrations.
Enables instant transactions for UK businesses without fund holding.
Funding Insights of CreDec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by CreDec
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CreDec
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Credec Comparisons
Competitors of CreDec
CreDec 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 AccessPay, Alpha Group, Sweep, HELPFUL and Paycast, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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| domain | founded_year | HQ Location |
Cloud based payment automation and cash management solutions for businesses
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Financial solutions are provided by Alpha Group for corporates.
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AI-based payment and accounting solutions are offered to small businesses.
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A global platform for automating business payouts.
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Manages compliant payments for mergers, acquisitions, and litigation services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Credec
Frequently Asked Questions about CreDec
When was CreDec founded?
CreDec was founded in 1996.
Where is CreDec located?
CreDec is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of CreDec?
Alex Meynell is the current CEO of CreDec. They have also founded this company.
How many employees does CreDec have?
As of Jun 30, 2022, the latest employee count at CreDec is 10.
What does CreDec do?
CreDec is a platform that enables real-time payments in and out for businesses of all sizes in the United Kingdom. It offers seamless integration with existing bank accounts, ensuring secure and efficient transactions without holding funds. The service supports finance functions for SMEs, enterprises, and intermediaries, reducing costs and processing times through bank-grade infrastructure. It serves as a scalable solution for payment management, including Faster Payments and Open Banking.
Who are the top competitors of CreDec?
CreDec's top competitors include AccessPay, Alpha Group and Sweep.
What products or services does CreDec offer?
CreDec offers Payment Platform and Real-time Payment Solution.
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