About Drafty
Drafty is a company based in London (United Kingdom) founded in 2016.. Drafty has completed 1 acquisition, including Workpays.me. Drafty operates in a competitive market with competitors including KEEBO, Fiinu, The Credit Thing, Account Technologies and Polar Credit, among others.
- Headquarter London, United Kingdom
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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
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Drafty
| 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 |
Investments & Acquisitions by Drafty
Drafty has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Workpays.me. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category products are sold via an online retail platform.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Drafty
| 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 |
Drafty Comparisons
Competitors of Drafty
Drafty 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 KEEBO, Fiinu, The Credit Thing, Account Technologies and Polar Credit, 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 |
Personal credit lines are offered via an online platform.
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| domain | founded_year | HQ Location |
Mobile-based retail banking solutions
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| domain | founded_year | HQ Location |
Personal credit lines are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Delivers credit scoring services, overdraft facilities, and personal finance management for individuals and SMEs.
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| domain | founded_year | HQ Location |
Provides fast online credit lines up to £2000 with flexible payments and interest reductions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Drafty
When was Drafty founded?
Drafty was founded in 2016.
Where is Drafty located?
Drafty is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Drafty do?
Drafty was founded in 2016 and is based in London, United Kingdom. Operations focus on the financial services sector, where short-term payday loans are extended to eligible borrowers through an online platform. Services are delivered digitally via the domain drafty.co.uk, targeting individuals needing quick access to funds. Regulatory compliance is maintained within the UK lending market, with emphasis on straightforward application processes and repayment terms.
Who are the top competitors of Drafty?
Drafty's top competitors include Fiinu, KEEBO and The Credit Thing.
How many acquisitions has Drafty made?
Drafty has made 1 acquisition, including Workpays.me.
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