Crystal

Kutaisi, Georgia Founded: 2011 • Age: 15 yrs
Microfinance, lending, and currency exchange services are offered to clients.
Annual revenue - Latest available
Total funding - 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Crystal

Crystal is a company based in Kutaisi (Georgia) founded in 2011. Crystal offers products and services including Consumer Loan, Business Loan, and Investment Product. Crystal operates in a competitive market with competitors including Gojo, Credo Bank, Lazika Capital, Georgian Credit and Credit plus, among others.

  • Headquarter Kutaisi, Georgia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $10 M (USD), Debt – Conventional

    Aug 07, 2024

  • Investors
    FMO

    & 3 more

  • Employee Count
    Employee Count
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Products & Services of Crystal

Crystal offers a comprehensive portfolio of products and services, including Consumer Loan, Business Loan, and Investment Product.

Primary

Provides personal borrowing for individual needs.

Offers funding for business development and operations.

Facilitates savings and investment options for customers.

People of Crystal

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
Vladimer Zhorzholiani
Head Of IT Department
People
Nino Jokhadze
Head Of Operational Support And Administration Department

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Funding Insights of Crystal

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $10.0M
  • First Round

    (28 Mar 2017)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Debt – Conventional - Crystal Valuation

investors

Dec, 2023 Amount Debt – Conventional - Crystal Valuation

investors

Mar, 2017 Amount Debt – Conventional - Crystal Valuation

investors

FMO

Investors in Crystal

Crystal has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include FMO, responsAbility and BlueOrchard.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investment firm
Founded Year Domain Location
Debt and equity investments are managed by this private fund.
Founded Year Domain Location
Development financing is provided for entrepreneurial ventures in emerging markets.
Founded Year Domain Location

Investments & Acquisitions by Crystal

Investments

Financial Statements - Crystal

Crystal Comparisons

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Competitors of Crystal

Crystal 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, Lazika Capital, Georgian Credit and Credit plus, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Microcredit is extended to individuals and businesses in need.
domain founded_year HQ Location
Microfinance services are provided by Credo Bank in Georgia.
domain founded_year HQ Location
Microcredit is extended to poor entrepreneurs and SMEs.
domain founded_year HQ Location
Microcredit is extended to small entrepreneurs in Georgia.
domain founded_year HQ Location
Micro-credit is extended to low-income individuals and businesses.

Latest news on Crystal

Frequently Asked Questions about Crystal

Crystal was founded in 2011 and raised its 1st funding round 6 years after it was founded.

Crystal is headquartered in Kutaisi, Georgia. It is registered at Kutaisi, Imereti, Georgia.

Crystal was established in 2011 in Kutaisi, Georgia, within the financial services sector. Operations include microfinance and various loan types such as consumer, auto, and agricultural, alongside leasing arrangements. Money transfers are handled, investment options are provided, and business consulting is offered. Support is delivered through online platforms and physical locations. Currency exchange covers multiple supported currencies.

Crystal's top competitors include Gojo, Credo Bank and Lazika Capital.

Crystal offers Consumer Loan, Business Loan, and Investment Product.

Crystal has 4 investors. Key investors include FMO, responsAbility, BlueOrchard, and Global Gender-Smart Fund.

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