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.
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.
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.
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.
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.
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.
252 Herbert Macaulay Way
Yaba, Lagos
Lagos State
Nigeria
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As of April 2025, CredPal (YC W19)' leadership includes:
CredPal (YC W19) has been backed by several prominent investors over the years, including:
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.
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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
Mastercard Press Release • November 15, 2023
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 Nigeria • September 25, 2023
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
TechCabal • March 23, 2022
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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