CredPal, a Nigerian financial company, has teamed up with Bolt, a ride-hailing business, to let its consumers “ride now and pay later.” The cooperation is a deliberate move by Credpal to strengthen its Buy-Now-Pay-Later products and provide clients simple credit financing solutions. By downloading the CredPal app, users can activate the option to pay for…
The Cairo Angels Syndicate Fund (CASF), a micro venture capital fund based in Cairo that invests in early-stage firms in the Middle East and Africa, has announced an investment in CredPal, a Nigerian FinTech firm. CredPal will use the CASF money to extend its services across Africa, with an emphasis on key areas such as…
CredPal, a digital lending startup, has announced a $15 million debt financing from Credit Direct, a subsidiary of First City Monument Bank (FCMB); Greenhouse Capital, a finance-focused venture capital firm; and a few unnamed financial institutions and new investors including LongCommerce, Uncovered Fund, First Circle Capital, and Adii Pienaar, co-founder and former CEO of WooCommerce….