Creditspring
Builders in Fintech has recorded 2 equity rounds for Creditspring, most recently an unspecified round of £48M on 25 May 2022.
Added ·
- £50M
- Unspecified · £48M · 25 May 2022
Timeline
Unspecified · £48M
Unspecified · £2M
All funding rounds in the database
Product
Membership-based small loans with a fixed fee instead of interest
Consumer credit and BNPL
Markets: United Kingdom
Creditspring is a UK lender that offers small personal loans through a membership. Members pay one fixed monthly fee with no interest and no hidden costs, and in return can take two loans a year, with plan sizes ranging from 200 to 1,200 pounds per loan. The service is aimed at people who need a safety net for unexpected costs as an alternative to payday and other high-cost credit.
Description from the company website · Source