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CredPal

CredPal

Private

Last Round

Debt

Mar 29, 2022

Est. Valuation

$2.14M

Total Funding Raised

$16.65M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

CredPal is a financial technology company that provides consumer credit solutions, including a 'Buy Now, Pay Later' (BNPL) model, credit cards, and personal loans for individuals and businesses in Nigeria.

Sector

FinTech

Verticals

Lending & Credit, BNPL, Point-of-Sale, Digital Payments, Personal Finance

Business Model

B2B2C

Customer Profile

Payment Processing Fee, Services & Consulting

AI Layer

Application

Keywords

buy now pay laterBNPLconsumer creditpoint of sale financingPOS financingfintechdigital creditinstallment paymentscredit cardpersonal loansmerchant checkoutneobankalternative lendingpayment processingcredit underwriting

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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CredPal Comparables

Compare CredPal with similar companies based on industry and business-model similarity.

CredPal comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Klump
80%
Transsnet
80%
FairMoney
79%

CredPal Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtMar 29, 2022
SeedDec 2, 2020
AcceleratorMar 19, 2019

Key People

Founding team and executive leadership

Olorunfemi Jegede

CoFounder & COO

Founding Team

CredPal Investors

Notable investors and investment history

CredPal investors
InvestorRounds
Y CombinatorSeed, Accelerator
Tangerine LifeSeed
First Circle CapitalDebt
Credit DirectDebt
Acasia VenturesDebt
Uncovered FundDebt
Greenhouse CapitalDebt, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 4, 2026

    Grew 24% QoQ, from 137 to 170 employees.

  • Aug 31, 2024

    Grew 22% QoQ, from 100 to 122 employees.

CredPal Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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CredPal Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about CredPal's valuation, stock price, and market status.

Firmographic Details

HeadquartersLagos
Employee Range170
Year Founded2018
Last FundingMar 29, 2022

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