EvolveCredit
Latest round
- Seed
Last raised
- Oct 2020
Total raised
- $0M
Investors
- 2
About EvolveCredit
Founded in 2020, Evolve Credit operates from Lagos, Nigeria, providing a platform for loan management and recovery solutions. The company was co-founded by Akan Nelson and Daniel Osineye, with Akan Nelson serving as the CEO.Evolve Credit specializes in providing a comprehensive SaaS lending and banking platform designed to address the complexities of loan recovery and management. Their core offerings enhance lending strategies, facilitate effective collection processes, and improve financial performance for clients within the lending industry. The platform integrates advanced tools for loan liquidation, enabling lenders to manage outstanding balances and recover funds from defaulters, often through collateral liquidation such as real estate or vehicles.Evolve Credit generates revenue through a subscription-based model, allowing clients to access their solutions as needed. This transactional structure fosters ongoing partnerships with financial institutions and lending organizations, where clients pay for tiered service plans based on usage of the platform's features. The company plans to launch new features enhancing loan comparison capabilities and is focused on expanding into markets in Europe and North America by the end of 2023.
Who invested in EvolveCredit
2 investors across 1 round
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Funding rounds
Seed
Oct 8, 2020
Amount
$0M
Investors
Questions about EvolveCredit
Who invested in EvolveCredit?
EvolveCredit has 2 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 EvolveCredit raised?
EvolveCredit has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did EvolveCredit last raise money?
EvolveCredit's most recent round on record is a Seed, in Oct 2020.
What does EvolveCredit do?
Founded in 2020, Evolve Credit operates from Lagos, Nigeria, providing a platform for loan management and recovery solutions.
Where is EvolveCredit headquartered?
EvolveCredit is headquartered in Lagos, Nigeria.
Which VCs invest in companies like EvolveCredit?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at EvolveCredit's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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