About Credit plus
Credit plus is a company based in Tbilisi (Georgia) founded in 2009 was acquired by Credo Bank in October 2018. Credit plus operates in a competitive market with competitors including Gojo, Credo Bank, Crystal, Lazika Capital and Georgian Credit, among others.
- Headquarter Tbilisi, Georgia
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website creditplus.ge
- Social Facebook
- Acquired by Credo Bank (Oct 2018)
- Investors
- Acquired byCredo Bank
(Oct 2018)
Investors in Credit plus
Credit plus has secured backing from 1 investor. Prominent investors backing the company include Credo Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Microfinance services are provided by Credo Bank in Georgia. | 1997 | credobank.ge | Tbilisi, Georgia |
Investor details for Credit plus
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Timeline of Credit plus
2 dated milestones of Credit plus across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Credit plus is founded.
- Exit Acquired by Credo Bank.
Competitors of Credit plus
Credit plus 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 Gojo, Credo Bank, Crystal, Lazika Capital and Georgian Credit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gojo.co | 2014 | Shibuya, Japan | $324.62M | – | Microcredit is extended to individuals and businesses in need. | |
| credobank.ge | 1997 | Tbilisi, Georgia | – | – | Microfinance services are provided by Credo Bank in Georgia. | |
| crystal.ge | 2011 | Kutaisi, Georgia | – | – | Microfinance, lending, and currency exchange services are offered to clients. | |
| lazikacapital.ge | 2000 | Zugdidi, Georgia | $1.5M | – | Microcredit is extended to poor entrepreneurs and SMEs. | |
| georgiancredit.ge | 2006 | Tbilisi, Georgia | – | – | Microcredit is extended to small entrepreneurs in Georgia. | |
| georgiancapital.ge | 2009 | Tbilisi, Georgia | – | – | Microfinance Organization Georgian Capital offers micro-credit services to low-income individuals and businesses. |
Detailed competitors of Credit plus
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Similar companies to Credit plus
10 companies that operate in the same segment as Credit plus (Microfinance), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Microfinance banking services are offered in India by ESAF. | 1992 | Thrissur, Kerala, India | USD 111.83 M | USD 474.19 M | 12,520 | |
Micro loans for businesses are offered by this NBFC. | 1990 | Delhi, Delhi, India | USD 41.25 M | USD 310.26 M | 15,190 | |
Provider of microloans | 2010 | Delhi, Delhi, India | – | USD 71.68 M | 12,403 | |
Provider of micro-credit & insurance for low income income individuals and women | 1997 | Secunderabad, Telangana, India | USD 144.02 M | USD 208.71 M | 38,310 | |
Microfinance loans are extended to low-income women entrepreneurs. | 2010 | Ernakulam, Kerala, India | USD 138.19 M | USD 251.96 M | 10,650 | |
Micro loans for consumers are provided by Asirvad Microfinance. | 2009 | Chennai, Tamil Nadu, India | USD 1.75 M | USD 94.88 M | 16,309 | |
Microfinance and banking services are provided to urban poor communities. | 2005 | Bengaluru, Karnataka, India | USD 238.31 M | USD 857.24 M | 24,370 | |
Microcredit services are provided to rural women for financial inclusion. | 2012 | Mumbai, Maharashtra, India | USD 232.92 M | USD 49.44 M | 10,779 | |
Avanti Finance is focused on providing affordable financial services. | 2016 | Bengaluru, Karnataka, India | USD 79.74 M | USD 13.6 M | 87 | |
Microfinance services offering loans to low-income households in India. | 1999 | Bengaluru, Karnataka, India | – | – | – |
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Frequently Asked Questions about Credit plus
Credit plus was founded in 2009.
Credit plus is headquartered in Tbilisi, Georgia.
Credit Plus was founded in 2009 in Tbilisi, Georgia, within the microfinance sector. Micro-credits are provided to low-income individuals and small businesses to support their financial needs. Operations are centered in Georgia, with services aimed at underserved communities through accessible lending options. The companys domain, creditplus.ge, facilitates online access to these financial products. Focus remains on practical credit solutions for economic inclusion.
Credit plus's top competitors include Gojo, Credo Bank and Lazika Capital.
Credit plus has 1 investor. Key investors include Credo Bank.
Yes. Credit plus was acquired by Credo Bank in October 2018.
