Creditspring

London, United Kingdom Founded: 2016 • Age: 10 yrs
A personal loans platform
Annual revenue - Latest available
Total funding $74.4M 4 rounds
Employees 57 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Creditspring

Creditspring is a company based in London (United Kingdom) founded in 2016 by Neil Kadagathur and Aravind Chandrasekaran. Creditspring has raised $74.44 million across 4 funding rounds from investors including Chip Dunn. The company has 57 employees as of December 31, 2023. Creditspring offers products and services including Membership Loans, Credit Building Tools, and Personal Loans. Creditspring operates in a competitive market with competitors including M Kopa, Abound, International Personal Finance, Funeral Safe and Fluro, among others.

  • Headquarter London, United Kingdom
  • Employees 57 as on 31 Dec, 2023
  • Founders Neil Kadagathur, Aravind Chandrasekaran
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Inclusive Finance Limited
  • Date of Incorporation 13 Dec, 2016
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$8.92 M (USD)
    -163
    as on Dec 31, 2021
  • EBITDA
    -$8.92 M (USD)
    -162
    as on Dec 31, 2021
  • Total Equity Funding
    $74.44 M (USD)

    in 4 rounds

  • Latest Funding Round
    $9.62 M (USD), Series A

    Jul 19, 2022

  • Investors
  • Employee Count
    57

    as on Dec 31, 2023

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Products & Services of Creditspring

Creditspring offers a comprehensive portfolio of products and services, including Membership Loans, Credit Building Tools, and Personal Loans.

Product name locked
Category locked
Primary

Offers no-interest loans via membership fees for short-term needs.

Product name locked
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Provides resources to track and improve user credit scores effectively.

Product name locked
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Facilitates unsecured loans for emergencies and daily expenses without hidden fees.

People of Creditspring

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Alfredo Motta
Chief Technology Officer
People
Cristiano Sousa
Senior Data Engineer

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Funding Insights of Creditspring

Creditspring has successfully raised a total of $74.44M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $9.62 million completed in July 2022. 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.

Investors in Creditspring

Creditspring has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Chip Dunn.

All
Angel
Investor Description Founded Year Domain Location

Chip Dunn

Angel investor focusing on early-stage Indian startups, based in Bangalore.
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Investor details for Creditspring

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Investments & Acquisitions by Creditspring

Investments
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Investment portfolio details for Creditspring

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Financial Statements - Creditspring

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Detailed financials for Creditspring

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Creditspring Comparisons

Creditspring Primary company
Description
A personal loans platform
Location
London, United Kingdom
Founded Year
2016
Annual Revenue
Not available
Net Profit
-$8.92 M (USD)
EBITDA
-$8.92 M (USD)
Employees
57
As of 2023
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Peer comparison for Creditspring

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Competitors of Creditspring

Creditspring 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 M Kopa, Abound, International Personal Finance, Funeral Safe and Fluro, among others.

Company Name Domain Founded year HQ Location Description
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Affordable solar power is provided to households in Kenya.
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Personal loans are provided by Abound for various needs.
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Consumer loans and offline home credits are provided to customers.
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Online funeral loans are facilitated via a dedicated platform.
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Unsecured personal loans are facilitated through an online platform.
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Detailed competitors of Creditspring

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Latest news on Creditspring

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Complete news archive for Creditspring

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Frequently Asked Questions about Creditspring

Creditspring was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Creditspring is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Neil Kadagathur is the current CEO of Creditspring. They have also founded this company.

Creditspring is a funded company, having raised a total of $74.44M across 4 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Creditspring is 57.

Creditspring was founded in 2016 in London, United Kingdom, within the fintech sector. A platform for personal loans is operated, with products developed to support customers financial well-being. Alternatives to high-cost loans are provided through this service. An application for FCA permission to conduct consumer credit activities has been submitted, enabling operations across the UK market.

Creditspring's top competitors include M Kopa, Abound and Funeral Safe.

Creditspring offers Membership Loans, Credit Building Tools, and Personal Loans.

Creditspring has 1 investor. Key investors include Chip Dunn.

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