About Formax Credit
Formax Credit is a company based in London (United Kingdom) founded in 2014. It operates as a Marketplace, and B2B. The company has 3 employees as of March 31, 2021. Formax Credit offers products and services including Peer-to-Peer Loan Management, Commercial Facility Administration, Customer Service Platform, and Portfolio Scaling Service. Formax Credit operates in a competitive market with competitors including Funding Circle, Goji, Alternative Business Funding, TFGcrowd and Funda, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 31 Mar, 2021
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Sectors
Business ServicesFinancial 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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- Legal Name Formax Credit (Uk) Limited
- Date of Incorporation 16 May, 2014
- Jurisdiction LONDON, ENGLAND
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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
3
as on Mar 31, 2021
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Products & Services of Formax Credit
Formax Credit offers a comprehensive portfolio of products and services, including Peer-to-Peer Loan Management, Commercial Facility Administration, Customer Service Platform, and Portfolio Scaling Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages peer-to-peer business loans for clients efficiently.
Handles collections and reconciliation for commercial facilities.
Provides full customer enquiry and request handling.
Enables scaling of financial portfolios without direct involvement.
Funding Insights of Formax Credit
| 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 |
Investments & Acquisitions by Formax Credit
| 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 - Formax Credit
| 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 |
Formax Credit Comparisons
Competitors of Formax Credit
Formax Credit 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 Funding Circle, Goji, Alternative Business Funding, TFGcrowd and Funda, 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 |
A peer-to-peer marketplace for business loans is operated and developed.
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| domain | founded_year | HQ Location |
A platform for private funds distribution is operated by Goji.
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| domain | founded_year | HQ Location |
Borrowers and lenders are connected through online P2B financing platform.
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| domain | founded_year | HQ Location |
Operates a debt-based marketplace for business loans.
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| domain | founded_year | HQ Location |
P2P loans are facilitated for Korean retail stores by Funda.
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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 Formax Credit
When was Formax Credit founded?
Formax Credit was founded in 2014.
Where is Formax Credit located?
Formax Credit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
How many employees does Formax Credit have?
As of Mar 31, 2021, the latest employee count at Formax Credit is 3.
What does Formax Credit do?
Formax Credit, established in 2014, operates as a peer-to-peer loan agent and intermediary for managing commercial facilities in London, England. It handles end-to-end processes including customer service, collections, reconciliation, and portfolio scaling for clients in the financial industry. The company focuses on administrative efficiency and regulatory compliance, serving businesses through dedicated management tools and support.
Who are the top competitors of Formax Credit?
Formax Credit's top competitors include Funding Circle, Goji and Funda.
What products or services does Formax Credit offer?
Formax Credit offers Peer-to-Peer Loan Management, Commercial Facility Administration, Customer Service Platform, and Portfolio Scaling Service.