About Kredd
Kredd is a company based in Lysaker (Norway) founded in 2016 by Knut Magnus U Jacobsen and Andreas Meland Talseth. It operates as a Marketplace, and B2C. The company has 4 employees as of December 31, 2019. Kredd offers products and services including P2P Lending Platform and Payment Services. Kredd operates in a competitive market with competitors including Perx Folkefinans and Uno Finans, among others.
- Headquarter Lysaker, Norway
- Employees 4 as on 31 Dec, 2019
- Founders Knut Magnus U Jacobsen, Andreas Meland Talseth
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Sectors
Financial Services
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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
4
as on Dec 31, 2019
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Products & Services of Kredd
Kredd offers a comprehensive portfolio of products and services, including P2P Lending Platform and Payment Services. 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.
Platform for peer-to-peer loans between private individuals and lenders
Services for handling payments and agent relationships in finance
Funding Insights of Kredd
| 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 Kredd
| 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 - Kredd
| 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 |
Kredd Comparisons
Competitors of Kredd
Kredd 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 Perx Folkefinans and Uno Finans, 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 |
Operates an online P2P marketplace for diversified loans to consumers and businesses.
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| domain | founded_year | HQ Location |
Compares bank loans, refinancing, and credit cards for individuals in Norway.
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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 Kredd
When was Kredd founded?
Kredd was founded in 2016.
Where is Kredd located?
Kredd is headquartered in Lysaker, Norway.
Who is the current CEO of Kredd?
Knut Magnus U Jacobsen is the current CEO of Kredd. They have also founded this company.
How many employees does Kredd have?
As of Dec 31, 2019, the latest employee count at Kredd is 4.
What does Kredd do?
Kredd operates as a financial platform focused on peer-to-peer lending, agent services, and payment solutions, primarily targeting private individuals and lenders in Norway. It has struggled with regulatory hurdles in the folkefinansiering sector, leading to the shutdown of its website. The company continues to manage existing loans while shifting towards integrated finance and payment developments. Activities include loan administration and new service integrations to ensure sustainability.
Who are the top competitors of Kredd?
Kredd's top competitors include Perx Folkefinans and Uno Finans.
What products or services does Kredd offer?
Kredd offers P2P Lending Platform and Payment Services.