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About 7loc

7loc is a BNPL platform from 7loc Credit that connects financial institutions with businesses for BNPL solutions. It combines credit offerings in Africa, B2B solutions, and multilingual support so businesses can access financing options tailored to their needs. 7loc provides a user-friendly interface in English and French, allowing clients to navigate easily and understand their financing options. With its focus on B2B transactions, 7loc aims to facilitate growth for businesses across various sectors by providing accessible credit solutions. Key capabilities: credit offerings in Africa B2B solutions multilingual support user-friendly interface tailored financing options Best for: businesses and financial institutions that need flexible financing solutions.

7loc Details

Vendor
7loc Credit
Year Launched
N/A
Location
AFRICA
Deployment
cloud
Training Options
videos
Countries Served
ALL COUNTRIES
Languages
ENGLISH
Users
FINANACIAL INSTITUTIONS
Industries Served
FINANCIAL INSTITUTIONS
Tags
FINANACIAL MANAGEMENT

7loc's In-App Market Place

Does 7loc have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD

Pros & Cons

  • Employer guarantor model simplifies credit access while reducing financial institution risk successfully.
  • B2B solution boosts sales for sellers and ensures uninterrupted cash flow for business buyers.
  • Digital integration streamlines lending processes for financial partners efficiently.
  • Expands the client base for financial institutions into both consumer and business markets.
  • Supports business growth by providing flexible and immediate credit purchase options.
  • Financial details such as fees, rates, and credit limits are not publicly available.
  • Success relies entirely on securing and maintaining partnerships with financial institutions and businesses.
  • The guarantor model may be difficult to implement outside of emerging markets without proper structure.
  • No mention of tools for credit scoring or debt collection is found in the description.
  • Platform adoption requires integration into a business's existing sales and accounting systems.

7loc's Support Options

Email Address

info@7loc.credit

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