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CredPal (YC W19)'s Overview

Total employees127
HeadquartersYaba, Lagos
Founded2017

CredPal is a Lagos-based financial technology company dedicated to providing accessible credit solutions to Africans. Founded in 2018, CredPal offers a range of services including credit cards, point-of-sale (POS) financing for both consumers and merchants, and personal loans. By leveraging technology, CredPal aims to simplify the credit application process, make quick lending decisions, and bridge the credit gap in emerging markets. Their mission is to empower individuals and businesses with flexible and convenient financial tools, fostering financial inclusion and economic growth.

Where is CredPal (YC W19)'s Headquarters?

HQ Function

The headquarters serves as the core operational center for CredPal, housing its primary teams for technology development, product innovation, marketing, customer support, strategic partnerships, and executive leadership.

Notable Features:

Located in a key commercial area, the office likely features a modern, open-plan design conducive to collaboration and innovation, equipped with agile workspaces, meeting rooms, and technology infrastructure to support its fintech operations.

Work Culture:

CredPal fosters a dynamic, fast-paced, and innovative work culture typical of a high-growth fintech startup. The environment encourages problem-solving, customer-centricity, teamwork, and leveraging cutting-edge technology to achieve its mission.

HQ Significance:

Being headquartered in Yaba, Lagos, allows CredPal to tap into Nigeria's largest city's rich talent pool, vibrant tech ecosystem, and proximity to key financial institutions and a large consumer base, crucial for its growth and market penetration.

Values Reflected in HQ: The headquarters' likely setup reflects CredPal's core values such as innovation, accessibility, efficiency, and collaboration, aiming to create an environment that drives progress in financial technology.

Location:

CredPal's primary operational focus is currently Nigeria, where it is driving innovation in consumer credit and POS financing. While its services are centered on the Nigerian market, the technological infrastructure (such as cloud services) and strategic partnerships may involve global elements. The company's model is scalable and has the potential for future expansion into other African markets as it continues to grow and address the continent's credit needs.

Street Address:

252 Herbert Macaulay Way

City:

Yaba, Lagos

State/Province:

Lagos State

Country:

Nigeria

CredPal (YC W19)'s Global Presence

Buying Intent Signals for CredPal (YC W19)

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of CredPal (YC W19)

As of April 2025, CredPal (YC W19)' leadership includes:

Fehintolu Olaogun - Co-founder & CEO
Olorunfemi Jegede - Co-founder & COO

Investors of CredPal (YC W19)

CredPal (YC W19) has been backed by several prominent investors over the years, including:

Y Combinator
Greenhouse Capital
Target Global
CDG Invest (via The Cairo Angels Syndicate Fund)
Uncovered Fund
First Circle Capital
Google for Startups Accelerator Africa
MSA Capital

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Based on publicly available information, there have been no major C-suite executive hires or departures announced by CredPal in the last 12 months. The founding team continues to lead the company's strategic direction.

Technology (Tech Stack) used by CredPal (YC W19)

Discover the tools CredPal (YC W19) uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

CredPal (YC W19) Email Formats and Examples

CredPal likely utilizes standard professional email formats for its corporate communications. Common patterns for tech companies include using the first name, last name, or initials combined with the company domain.

[first_initial][last]@credpal.com (e.g. jdoe@credpal.com) or [first].[last]@credpal.com (e.g. jane.doe@credpal.com)

Format

fjones@credpal.com

Example

70%

Success rate

News and media

Mastercard Press ReleaseNovember 15, 2023

Mastercard and CredPal partner to make credit cards accessible to millions of Nigerians

Mastercard and CredPal announced a partnership to issue virtual and physical credit cards to millions of consumers and small business owners in Nigeria. This collaboration aims to expand access to credit and support financial inclusion....more

The Guardian NigeriaSeptember 25, 2023

CredPal, OPay, FairMoney, others emerge top digital lending platform in Nigeria

CredPal was recognized among the top digital lending platforms in Nigeria according to a report by an independent data and analytics firm. The recognition highlights its impact on providing accessible loan services....more

TechCabalMarch 23, 2022

CredPal closes $15 million equity and debt deal to scale its BNPL product

CredPal announced it raised $15 million in a bridge round comprising equity and debt. The funding was aimed at expanding its consumer credit offerings and scaling its Buy Now, Pay Later (BNPL) product across Nigeria....more

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