Company Name: Credi
Announcement Date: 14/08/2017
Announcement Category: Awards/recognition, Other
Announcement Content:
This August Credi was featured in Australian Anthill, where the online publication highlighted our capital raising efforts to raise *correction* $500 thousand, to power the bank of Mum and Dad internationally.
Anthill has mentioned Credi’s work with Wholesale Investor to raise these funds through targeting sophisticated Australian investors. The funds will help Credi introduce our platform to international markets, in particular, the United States, the United Kingdom and New Zealand.
Tim Dean, Credi’s CEO mentions “Credi’s success in Australia has surpassed all of our expectations. Since our launch in April, we now have over a thousand users putting through $28 million of loans on our platform. This success has given us the confidence to go to market and raise the capital we need to accelerate our global rollout, across the Tasman and then Europe and America.”
Announcement URL: https://credi.com/2017/08/14/powering-bank-mum-dad-internationally/
About Credi:
We want to save relationships from the strain of financial dealings by turning informal agreements into credible, manageable and formal ones. We believe that by taking the duty of reminders, calendaring and contracting on behalf of the lender and borrower we are removing the most fraught aspects of relationship loans.
Credi gives you the platform and the tools for loans between family and friends. Simply use the app to generate a legally binding document and add your e-signature. Once agreed, you can manage repayments to stay on top of your loan. A simple and easy way to loan money from your loved ones!
Go to Company Profile for: Credi
Announcement Contact: [email protected]
