6 years ago

CreditDigital Secures £2 Million to Revolutionize B2B Payments

  • CreditDigital, a London-based B2B lending platform, has secured £2 million in seed funding from Fuel Ventures

  • The platform offers businesses instant finance of up to £250,000, allowing them to spread the cost of purchases over 12 months while ensuring vendors and suppliers receive full upfront payment

  • The investment will fuel CreditDigital's expansion in the UK and enhance its product offerings.

      • ProblemFinancial Services

      "Businesses often face challenges in securing financing for important purchases, especially when dealing with traditional banks, which can be slow, bureaucratic, and charge high interest rates."

      Solution

      "CreditDigital offers a B2B lending platform that provides instant financing of up to £250,000 to businesses online or at point of sale. This allows businesses to bypass banks and get the funds they need quickly and at competitive rates, with flexible repayment options."

      Covered on