
About Platinum Credit
Platinum Credit is a Financial Services company based in Nairobi (Kenya) founded in 2002. Microloans are provided to civil servants, TSC members, and employees. It operates on a Commission-Based model. Its website platinumcredit.co.ke draws about 15 thousand monthly visits. Platinum Credit offers products and services including Logbook Loans, Check Off Loan, SME Loans, Landlord Loans, and Insurance Premium Financing. Its focus areas include Financials, Consumer Finance and Personal Loans. Its legal entity is Platinum Credit LTD. Its competitors include Maisha Bank, Century Microfinance Bank and Caritas MFB.
Company details
Various loan products and financial services are offered by Platinum Credit LTD in Kenya. Quick loans such as logbook loans, check-off loans for civil servants, SME loans for business growth, landlord loans against rental income, and insurance premium financing are provided. The company operates primarily in the consumer finance sector, focusing on personal and business financing needs. Headquartered in Nairobi, support is extended to individuals and businesses through tailored financial solutions.
- Latest Funding Round$45M (USD), Debt – Conventional
May 2022
- InvestorsInternational Finance Corporation
& 1 more
Products & Services of Platinum Credit
Platinum Credit offers a comprehensive portfolio of products and services, including Logbook Loans, Check Off Loan, SME Loans, Landlord Loans, and Insurance Premium Financing.
Cash is provided within 24 hours using logbook.
Quick loans are offered against civil servant payslips.
Business growth is supported with quick loan access.
Loans are provided against rental income for landlords.
Comprehensive insurance cover is financed within 24 hours.
Apps and channels of Platinum Credit
its YouTube channel Platinum Credit Ltd has 957 subscribers and 30 videos.
Videos from Platinum Credit
The most watched videos on Platinum Credit's YouTube channel, Platinum Credit Ltd (957 subscribers). Click a video to play it here.
More on Platinum Credit Ltd.
Funding Insights of Platinum Credit
- Total Rounds 2
- Last Round Debt – Conventional β $45M
- Investors Count 2
All 2 funding rounds of Platinum Credit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
2 investors in total: 2 institutional.
Investors in Platinum Credit
Platinum Credit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include International Finance Corporation and Centum.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Centum Investment Company PLC is focused on diversified investments. | centum.co.ke | Nairobi, Kenya |
Investor details for Platinum Credit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Platinum Credit
36 people are tracked at Platinum Credit (10 in leadership, 26 in team).
| Name | Role | Group |
|---|---|---|
Greffens Kizito Busuulwa | Head Asset Finance | Leadership |
Brett Sievwright | Chief Executive Officer and Co-Founder | Leadership |
Bento Ocholi Omuloli | Head Of Finance | Leadership |
Elizabeth Ngui | Managing Director | Leadership |
James Watson | Group Human Resources Director | Leadership |
Ben.githuku Ben.githuku2012 | Head Of Collections | Leadership |
Silas Magut | Divisional Head - Asset Finance | Leadership |
Fa Patrice Lumumba | Head Of Data - Sales Support & Analysis - Data Protection Officer | Leadership |
Charles J. Mlyante | Head Of Collections | Leadership |
Cyprian Mushiyi Oyiengo | Head Of Strategy And Business Development | Leadership |
Sir. Geoffrey Masengeli | Agri-financing Project Coordinator | Team |
Sheila Chepkoech | Human Resources Administrative Officer | Team |
Johnson Nyarango | Risk And Compliance | Team |
Joseph Muiruri | Branch Manager - Asset Financing | Team |
Brian Agol | Branch Manager | Team |
Mbabazi Kenneth | Financial Analyst | Team |
Rachael Makumi | Human Resources Officer | Team |
Richard Manyaga (CPA-T) | Credit Manager | Team |
Atukunda Reagan | Human Resource Assistant | Team |
Kennedy Ekaya | Money Laundering Reporting Officer | Team |
16 more people are available in the full profile.
Complete people profiles for Platinum Credit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Platinum Credit
3 dated milestones of Platinum Credit across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Platinum Credit is founded.
- Funding First funding round.
- Funding Latest funding round, Debt β Conventional, of $45.0M.
Competitors of Platinum Credit
Platinum Credit has 3 listed competitors in our database. They include Maisha Bank, Century Microfinance Bank and Caritas MFB.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| maishabank.com | 2016 | Nairobi, Kenya | Microfinance bank | |||
| century.co.ke | 2009 | Nairobi, Kenya | Microfinance loans and services are extended to Kenyan communities. | |||
| caritas-mfb.co.ke | 1983 | Nairobi, Kenya | Provides microfinance accounts, loans, and insurance for personal and business needs. |
Detailed competitors of Platinum Credit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Platinum Credit
The website of Platinum Credit (platinumcredit.co.ke) receives about 15.3K visits a month.
- Monthly visits15.3K
▲ 4.5% vs previous month
Websites whose visitors overlap most with Platinum Credit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fusioncapitalafrica.com | 100% | View details | |||
| equitybankgroup.com | 92% | 115.4K | #263,016 | View details | |
opportunityfund.org | opportunityfund.org | 90% | β | ||
lowerbills.com.au | lowerbills.com.au | 59% | β | ||
lms.deutschebank.co.in | lms.deutschebank.co.in | 57% | β | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 13 similar websites and full traffic analytics for Platinum Credit
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Platinum Credit
Platinum Credit was founded in 2002 and raised its 1st funding round 11 years after it was founded.
Platinum Credit is headquartered in Nairobi, Kenya.
Various loan products and financial services are offered by Platinum Credit LTD in Kenya. Quick loans such as logbook loans, check-off loans for civil servants, SME loans for business growth, landlord loans against rental income, and insurance premium financing are provided. The company operates primarily in the consumer finance sector, focusing on personal and business financing needs. Headquartered in Nairobi, support is extended to individuals and businesses through tailored financial solutions.
Platinum Credit's top competitors include Century Microfinance Bank, Maisha Bank and Caritas MFB.
Platinum Credit offers Logbook Loans, Check Off Loan, SME Loans, Landlord Loans, and Insurance Premium Financing.
Platinum Credit has 2 investors. Key investors include International Finance Corporation, and Centum.
Platinum Credit operates through Platinum Credit Ltd.