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Mobicred

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Consumer financing platform enabling safe online shopping with credit.

Overview

Mobicred operates in the consumer point of sale financing sector, offering a revolving credit facility that allows users to shop online at various participating retailers in South Africa. The platform is aimed at individuals and businesses that meet certain eligibility criteria, providing a solution for online shopping through a single monthly payment structure. Mobicred has a mobile application that provides access to account information and a list of participating stores. As a registered credit provider, Mobicred complies with financial regulations while addressing the demand for secure and accessible online shopping options. The integration of their API supports payment processing for developers and retailers.

Key facts

Founded
2013

Business model

Contact

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About Mobicred

What does Mobicred do?

Mobicred operates in the consumer point of sale financing sector, offering a revolving credit facility that allows users to shop online at various participating retailers in South Africa.

Where is Mobicred headquartered?

Mobicred is headquartered in Cape Town, South Africa.

When was Mobicred founded?

Mobicred was founded in 2013.

Which sector is Mobicred in?

Mobicred operates in Digital Lending, part of Financial Technology.

Who are Mobicred's competitors?

Companies similar to Mobicred include Souhoola, Paidy, and ZestMoney.