Credpal
Nigeria
Founded in
2018 (8 Years)
Founded
Last online: No recent activity
OVERALL SCORE
Others
3/10
Reviews
46/90
8 reviews
Provided by TrustFinance
OVERALL SCORE
Others
3/10
Reviews
46/90
8 reviews
Provided by TrustFinance
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Security Information
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Credpal
Company Information
Get to know Credpal
Founded in 2018 by Fehintolu Olaogun and Olorunfemi Jegede, Credpal is a consumer finance company with a mission to deepen credit access and financial inclusion across Africa. The company's core products allow consumers to purchase goods and services and pay for them in installments (Buy Now, Pay Later) at a network of over 4,000 online and offline merchants. Credpal also offers a proprietary credit card, providing a revolving line of credit that can be used for everyday purchases, bill payments, and cash withdrawals.
Industry
- Financial Electronic PaymentPRIMARY
- Financial Other Service
- Financial Payment
Contact
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Social
Reviews
Highlight Review
Review Analytic
A
Oladimeji Abiodun
Direct
Excellent
Overall Thought
Credpal saved and still saving me from stranded situations with it's mobile shopping and e-transaction. The user interface is friendly with good customer support. I am a happy user and I recommend it to anyone interested in using this great platform
Aug 27, 2023
Yusuf Garba Yargamji
Direct
Excellent
Overall Thought
Sustainable, Credpal is absolutely awesome and recommendable. I was first offered a credit card back in 2021, while I had many offers for Buy now, Paylater shopping. The interest rates for credits is certainly very low in comparison to many of Credpals competitors. More sevices have been included in the Mobile app such as Airtime, Data, TV recharge, Electricity bills and many more. I'm inpressed by its wide range of services.
Aug 25, 2023
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