About Crediometer
Crediometer is a company based in Akure (Nigeria) founded in 2020 by Olusola Solomon, Raji Rasheed, and Wumi George.. Crediometer has raised $20 thousand across 1 funding round from investors including Techstars. Crediometer operates in a competitive market with competitors including Brass, Prospa, Solve.money, GladeFinance and EVVA Finanzas, among others.
- Headquarter Akure, Nigeria
- Founders Olusola Solomon, Raji Rasheed, Wumi George
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 K (USD)
in 1 rounds
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Latest Funding Round
$20 K (USD), Seed
Jun 01, 2023
- Investors
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Employee Count
Employee Count
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Funding Insights of Crediometer
Crediometer has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2023. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $20,000
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First Round
First Round
(01 Jun 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Crediometer | Valuation |
investors |
| 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 |
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Investors in Crediometer
Crediometer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Crediometer
| 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 - Crediometer
| 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 |
Crediometer Comparisons
Competitors of Crediometer
Crediometer 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 Brass, Prospa, Solve.money, GladeFinance and EVVA Finanzas, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Brass is recognized for providing smart financial tools for businesses.
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| domain | founded_year | HQ Location |
Digital banking services for individuals are offered by Prospa.
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| domain | founded_year | HQ Location |
Digital banking services are offered to small businesses.
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| domain | founded_year | HQ Location |
Integrated financial solutions are provided for businesses in multiple currencies.
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| domain | founded_year | HQ Location |
Digital banking services are offered to startups and businesses.
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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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Frequently Asked Questions about Crediometer
When was Crediometer founded?
Crediometer was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Crediometer located?
Crediometer is headquartered in Akure, Nigeria. It is registered at Akure, Ondo, Nigeria.
Is Crediometer a funded company?
Crediometer is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2023.
What does Crediometer do?
Crediometer was founded in 2020 in Akure, Nigeria, as a digital bank focused on the fintech sector. Services are provided to startups and expanding enterprises via an online platform, including checking accounts, credit and debit cards for purchases, payments, and cash withdrawals. Additional features encompass cash flow analytics, personal finance management tools, and detailed transaction records. Operations are centered in Nigeria to support business financial needs.
Who are the top competitors of Crediometer?
Crediometer's top competitors include Brass, Prospa and Solve.money.
Who are Crediometer's investors?
Crediometer has 1 investor. Key investors include Techstars.
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