Kredit

Barranquilla, Colombia Founded: 2019 • Age: 7 yrs
Consumer loans are facilitated via an online platform.

About Kredit

Kredit is a company based in Barranquilla (Colombia) founded in 2019.. Kredit offers products and services including Pensioners Credit and Teachers Credit. Kredit operates in a competitive market with competitors including Zimago, Credifinanciera, Hola prestamo, Wadana and Bancaliv, among others.

  • Headquarter Barranquilla, Colombia
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Kredit

Kredit offers a comprehensive portfolio of products and services, including Pensioners Credit and Teachers Credit. 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.

Primary

Loans for public sector pensioners up to 200,000 COP

Loans for public sector teachers with flexible terms

Funding Insights of Kredit

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2023 Amount Debt – Conventional - Kredit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Kredit

Kredit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Norfund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
It invests in developing countries to create jobs and improve lives
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Kredit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Kredit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kredit Comparisons

Employees
+
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Competitors of Kredit

Kredit 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 Zimago, Credifinanciera, Hola prestamo, Wadana and Bancaliv, 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
Financial platform offering loan products for individuals and businesses
domain founded_year HQ Location
Operates an online lending platform for consumer loans and financial access.
domain founded_year HQ Location
A digital marketplace facilitating access to consumer loans for individuals.
domain founded_year HQ Location
Online lending platform offering short-term loans
domain founded_year HQ Location
Offers online credit applications and customer support services in Colombia.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kredit

Frequently Asked Questions about Kredit

When was Kredit founded?

Kredit was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is Kredit located?

Kredit is headquartered in Barranquilla, Colombia. It is registered at Barranquilla, Atlantico, Colombia.

Who is the current CEO of Kredit?

Ernesto Mario De Castro A is the current CEO of Kredit.

What does Kredit do?

Kredit was established in 2019 in Barranquilla, Colombia, as an online lending platform in the fintech sector. Personal loans and lines of credit are offered to users, including targeted solutions for pensioners and teachers. Applications and funding processes are managed digitally, enabling access to consumer financing across the region. Operations focus on streamlined loan services without physical branches.

Who are the top competitors of Kredit?

Kredit's top competitors include Wadana, Zimago and Credifinanciera.

What products or services does Kredit offer?

Kredit offers Pensioners Credit and Teachers Credit.

Who are Kredit's investors?

Kredit has 1 investor. Key investors include Norfund.

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