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Covered

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Loan comparison platform enabling informed financial decisions in Kenya.

Overview

Covered operates as a loan comparison platform in Kenya, allowing users to assess various financial products such as bank accounts, credit cards, insurance, and investments. The platform utilizes data analytics and artificial intelligence to aggregate and compare lending rates and terms from different financial institutions, which may streamline the loan application process. Covered aims to address the information gap in the financial services sector by offering a free online directory that assists individuals in making informed financial decisions. The platform targets consumers in Kenya and seeks to enhance the connection between lenders and borrowers, potentially improving conversion rates for financial entities while also providing educational content to promote financial literacy.

Key facts

Founded
2015
Headquarters
Nairobi, Kenya

Business model

Contact

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About Covered

What does Covered do?

Covered operates as a loan comparison platform in Kenya, allowing users to assess various financial products such as bank accounts, credit cards, insurance, and investments.

Where is Covered headquartered?

Covered is headquartered in Nairobi, Kenya.

When was Covered founded?

Covered was founded in 2015.

Which sector is Covered in?

Covered operates in Digital Lending, part of Financial Technology.

Who are Covered's competitors?

Companies similar to Covered include Savey, Bankvallet, and Qomparo.