Kredicity
Curated by SignalPayday loans marketplace offering revolving credit without credit history.
Overview
Kredicity operates as a payday loans marketplace in Colombia, providing a platform for individuals to access revolving credit without requiring a credit history. The company employs advanced algorithms to assess over 2,000 variables for determining creditworthiness, which supports a streamlined application process. Users can request credit limits that range from a minimum to a specified maximum, with various repayment options available. The platform is designed for individuals encountering unexpected expenses and emphasizes data security and regulatory compliance. This model aims to improve access to credit and promote competition among lenders, which may result in more favorable terms for borrowers.
Key facts
- Founded
- 2016
- Headquarters
- Medellin, Colombia
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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Contact
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- Phone
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