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Credable

by Credable · Since 2021
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ActiveAvailable globally
Quick facts
VendorCredable
Year launched2021
StatusActive
LocationNairobi, KE
Countries servedGlobal
Languages1
Integrations
Free tier
Free trial
Contact sales

About Credable

Credable is a digital banking platform from Credable that provides financial services to businesses across emerging markets. It combines infrastructure, use cases, and contact support so businesses can offer digital financial services to their customers quickly, easily, and safely. The platform allows businesses and financial institutions to integrate essential banking functions into their operations, facilitating smoother transactions and better customer experiences. Users can easily access various financial solutions tailored to their specific needs. Key capabilities: infrastructure use cases customer support business solutions financial institutional integration Best for: businesses and financial institutions that need to implement digital banking solutions effectively.

Credable is a versatile embedded financial services platform designed to help businesses deliver tailored digital financial solutions to their customers quickly, safely, and efficiently. Targeted at eCommerce platforms, fintech companies, MNOs, and other businesses with digital channels, Credable enables organizations to offer a variety of financial products, from savings and credit to asset financing, directly within the channels their customers already use. The platform handles the entire process end-to-end, including product design, regulatory compliance, funding, and portfolio management. This allows businesses to focus on growth while leveraging Credable’s expertise to increase revenue and enhance customer value from day one. Its data-driven approach ensures fair and accurate pricing of financial products, making it particularly effective in reaching the underbanked and underserved populations. Use cases include farmers receiving loans against milk sales for better livestock feed, employees financing devices to improve productivity, small-business owners accessing overdrafts for expansion, and students saving or borrowing for transportation and daily needs. Credable’s platform is robust yet flexible, adapting to multiple business contexts such as AgriTech, SME lending, NeoBank solutions, and general business finance.

Pros & Cons

What users like
  • +Enables partners to generate incremental revenue from day one.
  • +Provides end-to-end management including product design, compliance, and portfolio management.
  • +Delivers financial services to underbanked populations through existing digital channels.
  • +Offers data-driven product pricing for accuracy and fairness.
  • +Tailors solutions to specific customer needs, sectors, and use cases.
What users flag
  • Dependent on partners’ digital channels for customer access.
  • May require ongoing monitoring to optimize portfolio performance and risk.
  • Specific product customization could be limited by regulatory constraints in some regions.
  • Some advanced analytics features may require technical expertise to fully utilize.

Features

Key features

Embedded Financial Services - Provides savings, credit, and other financial products directly within digital channels for seamless customer access.
End-to-End Management - Handles product design, regulatory compliance, funding, and portfolio management, letting partners focus on their core business.
Data-Driven Product Pricing - Uses data from digital channels to accurately and fairly price financial products.
Tailored Financial Products - Offers specialized solutions such as working capital finance, asset financing, SME lending, and savings for specific customer needs.
Revenue Generation - Enables partners to create incremental revenue streams immediately by integrating financial services.
Underbanked Customer Access - Delivers financial services to underserved populations via existing digital channels.
Sector-Specific Solutions - Caters to different business types, including eCommerce, fintech, MNOs, and NeoBanks.

Additional features

Working Capital Finance - Helps businesses and farmers access short-term financing to support operational growth.
Asset Financing - Provides employees or customers access to loans for purchasing equipment or devices to enhance productivity.
SME Lending / Overdraft - Supports small business owners in rural or urban areas to expand or sustain operations.
Savings / Credit / Payments - Enables customers such as students or youth to save, access credit, and make payments conveniently.
Behavioral & Data Analytics - Uses analytics and behavioral data to optimize product offerings and risk management.
Portfolio Management - Actively manages financial product portfolios for partners to maximize returns and minimize risk.
Regulatory Compliance - Ensures products comply with financial and local regulations, removing the compliance burden from partners.
Flexible Integration - Works with multiple business types and digital channels for seamless implementation.
Revenue Tracking - Provides measurable incremental revenue streams for partner businesses from day one.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
1
Interface languages
11
Billing currencies

Interface languages

English

Billing currencies

🇳🇬NGN🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇳CNY🇮🇳INR🇲🇽MXN🇧🇷BRL

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