Crednet Technologies
Latest round
- Seed
Last raised
- Mar 2018
Total raised
- $0M
Investors
- 3
About Crednet Technologies
Based in Lagos, Nigeria, and founded in 2017 by Fehintolu Olaogun and Olorunfemi Jegede, Crednet Technologies Limited, trading under the name Credpal operates as a developer of a financial platform designed to ease consumer credit purchase across online and offline merchants. Credpal has 11 to 20 employees. Credpal lets users set up their account and choose their payment plan leveraging technology to minimize risk and seamlessly connect to multiple financial institutions that provide credit for customers, enabling customers to pay for it in fixed monthly installments. CredPal provides point-of-sale consumer credit to lower-to-middle class income earners in Nigeria, it is designed to help customers meet their most important obligations when they need to. CredPal cards can be used for grocery shopping, electricity and cable TV, online subscriptions, restaurants and dining, and flights and hotels.
Who invested in Crednet Technologies
3 investors across 1 round
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Funding rounds
Seed
Mar 26, 2018
Amount
$0M
Investors
Questions about Crednet Technologies
Who invested in Crednet Technologies?
Crednet Technologies has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Crednet Technologies raised?
Crednet Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Crednet Technologies last raise money?
Crednet Technologies's most recent round on record is a Seed, in Mar 2018.
What does Crednet Technologies do?
Based in Lagos, Nigeria, and founded in 2017 by Fehintolu Olaogun and Olorunfemi Jegede, Crednet Technologies Limited, trading under the name Credpal operates as a developer of a financial platform designed to ease consumer credit purchase across online and offline merchants.
Where is Crednet Technologies headquartered?
Crednet Technologies is headquartered in Lagos, Nigeria.
Which VCs invest in companies like Crednet Technologies?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Crednet Technologies's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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