MyCredit
Non-bank financial services company offering loans, guarantees, leasing, and insurance services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $10.7m | Debt | |
| Total Funding | 000k | ||
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MyCredit is a non-bank financial institution based in Nairobi, Kenya, specializing in providing a range of financial services including loans, guarantees, leasing, and insurance. The company primarily serves professionals and small to medium-sized enterprises (SMEs), offering working capital solutions within 24 hours. Operating in the Kenyan financial market, MyCredit leverages innovation and IT to build robust systems that ensure secure and convenient service delivery. The business model revolves around providing quick and reliable financial solutions to its clients, thereby generating revenue through interest on loans, leasing fees, and insurance premiums. MyCredit aims to support businesses and families in achieving greater financial freedom and has set an ambitious goal to grow its membership to 20,000 by 2025.
Keywords: non-bank financial institution, loans, guarantees, leasing, insurance, SMEs, professionals, rapid service, secure delivery, financial freedom, innovation.