About Mint Credit
Mint Credit is a company based in Nairobi (Kenya) founded in 2022. It operates as a B2B, and B2C. Mint Credit offers products and services including Salary Check off Loans, Bank Staff Loans, and Private School Financing. Mint Credit operates in a competitive market with competitors including Zash Loan, Asante Financial Services Group, Progressive Credit, Kava and Suluhu Tech, among others.
- Headquarter Nairobi, Kenya
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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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- Legal Name Mint Credit Limited
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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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Employee Count
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Products & Services of Mint Credit
Mint Credit offers a comprehensive portfolio of products and services, including Salary Check off Loans, Bank Staff Loans, and Private School Financing. 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.
Provides loans up to Kes 400,000 for employed individuals via salary deduction.
Offers salary advances up to Ksh 100K for bank employees within 24 hours.
Delivers unsecured loans up to Ksh 500K for private schools in under 4 hours.
Funding Insights of Mint 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 Mint 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 - Mint 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 |
Mint Credit Comparisons
Competitors of Mint Credit
Mint 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 Zash Loan, Asante Financial Services Group, Progressive Credit, Kava and Suluhu Tech, 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 |
Offers fast loans via mobile app with low interest and easy application in Kenya.
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| domain | founded_year | HQ Location |
Personal and business loans are provided to clients in Kenya.
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| domain | founded_year | HQ Location |
Offers loans for businesses, agriculture, and personal needs in Kenya with quick processing.
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| domain | founded_year | HQ Location |
Cross-ledger infrastructure is provided for blockchain-based financial transactions.
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| domain | founded_year | HQ Location |
Offers an app-based platform for comprehensive financial lending solutions.
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| domain | founded_year | HQ Location |
Provides fast online loan applications without collateral and flexible repayment options.
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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 Mint Credit
When was Mint Credit founded?
Mint Credit was founded in 2022.
Where is Mint Credit located?
Mint Credit is headquartered in Nairobi, Kenya.
What does Mint Credit do?
Mint Credit Limited is a financial institution licensed by the Central Bank of Kenya, specializing in digital loan services. It provides salary check-off loans, bank staff loans, and private school financing to employed individuals and organizations. The company partners with private companies and schools for accessible financing with no hidden charges and quick disbursements. Based in Nairobi, it focuses on supporting financial well-being through simple online applications and flexible repayment plans.
Who are the top competitors of Mint Credit?
Mint Credit's top competitors include Kava, Asante Financial Services Group and Zash Loan.
What products or services does Mint Credit offer?
Mint Credit offers Salary Check off Loans, Bank Staff Loans, and Private School Financing.