# Crezit

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crezit

- Industry: Software
- Headquarters: Tokyo, Japan
- Website: www.crezit.jp
- Total disclosed funding: $0.6M
- Latest round: Seed (Apr 19, 2019)
- Investors on record: 2

## About

Crezit, Inc. is a financial technology company that provides innovative digital lending solutions for consumers and small businesses, enhancing access to personal loans and credit in a streamlined manner.Founded in 2019 and headquartered in Tokyo, Japan, Crezit, Inc. specializes in digital lending solutions. The company has executed a total of 3 deals, with the most recent deal occurring on February 9, 2021, when it raised JPY 35 million in funding from investor FINOLAB. Toshiaki Yabe serves as both the founder and CEO, bringing his expertise to steer the company toward its financial service objectives.Crezit specializes in providing innovative financial solutions tailored to meet the needs of individual consumers and small businesses. Their primary offerings include a digital lending platform that facilitates quick and secure access to personal loans and credit facilities. The platform is designed to streamline the borrowing process, offering users a user-friendly interface to apply for loans, manage repayments, and access financial information in real time. Crezit aims to address common pain points associated with traditional lending, such as lengthy approval times and complex documentation processes. The company primarily targets markets in Japan while expanding into select regions in Southeast Asia, serving a diverse clientele that includes tech-savvy individuals and small business owners.Crezit generates revenue through a combination of loan origination fees and interest income from its lending activities. The company's transaction structure is based on a B2C model, where individual consumers apply for loans directly through the platform. Revenue is derived from the fees associated with each loan, as well as ongoing interest payments throughout the term of the loan. Crezit's flagship offerings, which include flexible personal loans and rapid approval credit lines, are structured to enhance customer accessibility while ensuring a streamlined financial experience.In February 2021, Crezit Inc. raised JPY 35 million in venture funding from new investor FINOLAB and other individual investors. The company is focused on expanding its digital lending services into additional Southeast Asian markets, aiming to launch new financial products by mid-2022 to cater to a broader audience. The recent funding will be utilized to enhance the platform’s technology and increase marketing efforts to support its expansion strategy.

## Funding rounds

- Seed, Apr 19, 2019, $0.6M — Incubate Fund, Genesia Ventures

## Investors

- Incubate Fund (https://capitalatlas.ai/funds/incubate-fund) — Seed
- Genesia Ventures (https://capitalatlas.ai/funds/genesia-ventures) — Seed