About CreditGenie
CreditGenie is a company based in Toronto (Canada) founded in 2016 was acquired by Purpose Financial in May 2019.. The company has 2 employees as of December 31, 2024. CreditGenie operates in a competitive market with competitors including Financeit, PayBright, Health Smart Financial Services, MDG Financial and BoroMi, among others.
- Headquarter Toronto, Canada
- Employees 2 as on 31 Dec, 2024
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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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Latest Funding Round
- Investors
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Employee Count
2
as on Dec 31, 2024
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Acquired by
Purpose Financial
(May 27, 2019)
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Funding Insights of CreditGenie
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investors in CreditGenie
CreditGenie has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Purpose Investments. 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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Purpose Investments is engaged in providing financial investment solutions.
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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 CreditGenie
| 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 - CreditGenie
| 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 |
Creditgenie Comparisons
Competitors of CreditGenie
CreditGenie 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 Financeit, PayBright, Health Smart Financial Services, MDG Financial and BoroMi, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer financing is offered at point-of-sale for partnered businesses.
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| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Medical loans for procedures are provided to consumers and providers.
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| domain | founded_year | HQ Location |
Provides point of sale financing and lines of credit for merchants and consumers.
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| domain | founded_year | HQ Location |
Operates a digital hub for facilitating purchase financing.
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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 CreditGenie
When was CreditGenie founded?
CreditGenie was founded in 2016.
Where is CreditGenie located?
CreditGenie is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does CreditGenie have?
As of Dec 31, 2024, the latest employee count at CreditGenie is 2.
What does CreditGenie do?
CreditGenie was founded in 2016 in Toronto, Canada. B2C point-of-sale financing solutions are offered to small and medium-sized enterprises in the financial services sector. Large purchases are financed through these services, which support customer acquisition efforts. Flexible rates and term payment options are extended to end customers. Operations are based in Canada, targeting retail and business financing needs.
Who are the top competitors of CreditGenie?
CreditGenie's top competitors include Financeit, PayBright and Health Smart Financial Services.
Who are CreditGenie's investors?
CreditGenie has 1 investor. Key investors include Purpose Investments.