Kredi
Fintech | Nigeria
Kredi is a full service digital bank building a one-stop shop for digital financial services in Africa
What They Do:
Kredi makes financial service products easy to use and fully accessible to consumers.
Kredi is fully licensed by the Central Bank of Nigeria. They are building a platform that allows users all key aspects of their financial lives: - borrowing, savings, bill payments, investments, insurance and agency banking.
Kredi Bank provides a full bank account, savings, loans, bill payments, insurance products, top-ups, spending breakdown, and requesting or sending funds.
The Company has built a middleware that allows institutions with mass payment needs to connect directly to the Nigerian central switching system and pay their customers relatively and easily
Why We Invested:
Licence: Secured Digital Banking license from the Central Bank of Nigeria
Market: 5-year CAGR of 9.9%. in the Digital payments Sector.
The Founder:
Afolabi Abimbola is the founder of Kredi bank
Active in:
Nigeria