Nigerian "Buy Now, Pay Later" Startup On the Rise
CredPal has raised US$15 million in funding to expand its consumer credit offerings in Nigeria and scale across Africa. Launched in 2018 by Fehintolu Olaogun
Source: africa.com
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Nigeria's CredPal secures $15M in debt and equity to scale its BNPL product across Africa – TechCrunch
The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. BNPL’s growth is further highlighted as GMV is predicted to increase from $204 million to over $1 billion […]
Source: techcrunch.com
Nigeria-based CredPal gets $15m to expand its buy now pay later business
CredPal on Tuesday announced that it’s raised $15 million in a bridge round to expand its BNPL offerings in Nigeria and scale across Africa.
South Africa Olorunfemi Jegede Fehintolu Olaogun Adii Pienaar Credit Direct First City Monument Bank
Source: techcabal.com