About Polar Credit
Polar Credit is a company based in London (United Kingdom) founded in 2018. It operates as a B2C, and D2C. Polar Credit offers products and services including Polar Credit Line and Loyalty Rewards Program. Polar Credit operates in a competitive market with competitors including Fiinu, KEEBO, The Credit Thing, Account Technologies and Drafty, among others.
- Headquarter London, United Kingdom
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Sectors
Financial Services
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Email
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Website
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- Legal Name Apfin Ltd
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Products & Services of Polar Credit
Polar Credit offers a comprehensive portfolio of products and services, including Polar Credit Line and Loyalty Rewards Program. 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.
Online platform for flexible credit access and repayments.
System that reduces interest rates for responsible borrowers.
Funding Insights of Polar Credit
| 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 Polar 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 - Polar Credit
| 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 |
Polar Credit Comparisons
Competitors of Polar Credit
Polar 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 Fiinu, KEEBO, The Credit Thing, Account Technologies and Drafty, 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 |
Mobile-based retail banking solutions
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| domain | founded_year | HQ Location |
Personal credit lines are offered via an online platform.
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| domain | founded_year | HQ Location |
Personal credit lines are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Delivers credit scoring services, overdraft facilities, and personal finance management for individuals and SMEs.
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| domain | founded_year | HQ Location |
Payday loans are provided to UK customers by Drafty.
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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 Polar Credit
When was Polar Credit founded?
Polar Credit was founded in 2018.
Where is Polar Credit located?
Polar Credit is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
What does Polar Credit do?
Polar Credit is a direct lender offering a simple online application for credit lines ranging from 200 to 2000. It allows users to transfer funds to their bank accounts with flexible repayment options, including minimum payments and no early settlement fees. The service rewards loyal customers by reducing interest rates over time. Based in London, United Kingdom, it targets individuals seeking accessible credit alternatives to traditional loans, emphasizing responsible lending and affordability assessments.
Who are the top competitors of Polar Credit?
Polar Credit's top competitors include Fiinu, KEEBO and The Credit Thing.
What products or services does Polar Credit offer?
Polar Credit offers Polar Credit Line and Loyalty Rewards Program.