About Platinum Credit
Platinum Credit is a company based in Nairobi (Kenya) founded in 2002. It operates as a Commission-Based. Platinum Credit offers products and services including Logbook Loans, Check Off Loan, SME Loans, Landlord Loans, and Insurance Premium Financing. Platinum Credit operates in a competitive market with competitors including Gojo, Maisha Bank, Century Microfinance Bank, Caritas MFB and Faulu Kenya, among others.
- Headquarter Nairobi, Kenya
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Platinum Credit Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$45 M (USD), Debt – Conventional
May 23, 2022
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Investors
International Finance Corporation
& 1 more
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Employee Count
Not available
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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.
People of Platinum Credit
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Funding Insights of Platinum Credit
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 |
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IFC is focused on private sector development in emerging markets.
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Centum Investment Company PLC is focused on diversified investments.
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Investor details for Platinum Credit
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Investments & Acquisitions by Platinum Credit
Investment portfolio details for Platinum Credit
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Financial Statements - Platinum Credit
Detailed financials for Platinum Credit
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Platinum Credit Comparisons
Peer comparison for Platinum Credit
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Competitors of Platinum Credit
Platinum 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 Gojo, Maisha Bank, Century Microfinance Bank, Caritas MFB and Faulu Kenya, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Microcredit is extended to individuals and businesses in need.
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Microfinance bank
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Microfinance loans and services are extended to Kenyan communities.
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Provides microfinance accounts, loans, and insurance for personal and business needs.
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Provides microcredit services to support low-income individuals and businesses.
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Detailed competitors of Platinum Credit
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Latest news on Platinum Credit
Complete news archive for Platinum Credit
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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 Gojo, Sumac Microfinance Bank and Century Microfinance Bank.
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.